CO SB104

Health insurance carriers offering individual plans in the East Geographic Rating Area, West Geographic Rating Area, or Geographic Rating Area Five must offer catastrophic plans for a minimum of 3 years.

Carriers must issue catastrophic plans to any eligible individual under 30 years of age residing in these geographic areas who applies and agrees to pay required premiums.

East Geographic Rating Area includes 28 counties: Alamosa, Baca, Bent, Chaffee, Cheyenne, Conejos, Costilla, Crowley, Custer, El Paso, Fremont, Huerfano, Kiowa, Kit Carson, Las Animas, Lincoln, Logan, Mineral, Morgan, Otero, Phillips, Prowers, Rio Grande, Saguache, Sedgewick, Teller, Washington, and Yuma.

West Geographic Rating Area includes 20 counties: Archuleta, Delta, Dolores, Eagle, Hinsdale, Garfield, Grand, Gunnison, Jackson, Lake, La Plata, Moffat, Montezuma, Montrose, Ouray, Pitkin, Rio Blanco, Routt, San Juan, San Miguel, and Summit.

Geographic Rating Area Five consists of Mesa County only.

The act takes effect January 1, 2018, unless subject to a referendum petition, in which case it takes effect January 1, 2019, or upon official vote declaration by the governor, whichever is later.