HB 22-1269 Summary

• Requires unauthorized health-care sharing plan operators to submit detailed reporting to the Colorado Insurance Commissioner by October 1, 2022, and March 1 annually thereafter, including participant numbers, employer groups, fees collected, and reimbursement data.

• Mandates submission of 20 specific information categories covering financial data, marketing materials, provider contracts, producer commissions, and organizational structure for all plans facilitating health-care cost payments to Colorado residents.

• Allows Commissioner 45 days to determine submission completeness; if deficient, person has 30 days to remedy or faces fines up to $5,000 per day, with cease-and-desist orders possible after 30 additional days of non-compliance.

• Requires Commissioner to publish annual reports summarizing submitted information and post evidence-based consumer information on the Division of Insurance website by April 1, 2023, and October 1 annually.

• Exempts direct primary care agreements and other consumer payment arrangements identified by Commissioner rule; appropriates $84,568 for implementation in fiscal year 2022-23.