SB 17-104
failedCatastrophic Plans In Geographic Rating Areas
Plain-English Summary
AI-generatedSenate Bill 17-104, which has been signed into law, requires health insurance companies in Colorado to offer catastrophic health plans to individuals under the age of 30 for at least three years. These plans are specifically available in certain geographic areas within the state where such options may not previously have been offered. This bill affects young adults who might benefit from lower-cost insurance coverage with fewer benefits, allowing them more affordable access to healthcare. Since it has been signed, the law is now active and health insurers must comply with its requirements.
Official Summary
The bill requires a health insurance carrier to offer and issue a catastrophic health insurance plan to eligible individuals who are under 30 years of age in certain geographic rating areas for a minimum of 3 years. (Note: This summary applies to this bill as introduced.)
Details
- Chamber
- Senate
- First action
- 2017-02-15
- Latest action
- 2017-01-27
- Last action desc.
- Introduced In Senate - Assigned to Business, Labor, & Technology
- OpenStates
- View source ↗