{"id":25031,"date":"2019-06-07T17:12:00","date_gmt":"2019-06-07T23:12:00","guid":{"rendered":"https:\/\/www.summitdaily.com\/news\/colorado-receives-federal-waiver-for-health-reinsurance-program-that-could-reduce-premiums\/"},"modified":"2019-06-07T17:12:00","modified_gmt":"2019-06-07T23:12:00","slug":"colorado-receives-federal-waiver-for-health-reinsurance-program-that-could-reduce-premiums","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kift\/local-news\/colorado-receives-federal-waiver-for-health-reinsurance-program-that-could-reduce-premiums\/","title":{"rendered":"Colorado receives federal waiver for health reinsurance program that could reduce premiums"},"content":{"rendered":"<figure class=\"wp-block-image\">\n<div class=\"caption-container\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"411\" src=\"https:\/\/cdn.summitdaily.com\/wp-content\/uploads\/sites\/2\/2019\/06\/Brf-Reinsurance-SDN-060819-1.jpg\" class=\"attachment-large size-large wp-post-image\" alt srcset=\"https:\/\/cdn.summitdaily.com\/wp-content\/uploads\/sites\/2\/2019\/06\/Brf-Reinsurance-SDN-060819-1.jpg 620w, https:\/\/cdn.summitdaily.com\/wp-content\/uploads\/sites\/2\/2019\/06\/Brf-Reinsurance-SDN-060819-1-300x199.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\"><figcaption><strong>Colorado has received a federal waiver to implement a health reinsurance program, which is expected to save Coloradoans up to 20% on health premiums when implemented.<\/strong><br \/><em>Getty Images \/ iStockphoto<\/em><\/figcaption><\/div>\n<\/figure>\n<p class=\"STND-STND BodyText\">Gov. Polis\u2019 office announced Thursday that Colorado\u2019s Division of Insurance, part of the state\u2019s Department of Regulatory Agencies, received notice from the federal Centers for Medicare and Medicaid Services that Colorado\u2019s application for a 1332 waiver to establish a reinsurance program has undergone a preliminary review and was determined to be complete. The waiver allows Colorado to use federal funds meant for implementing the Affordable Care Act to establish a reinsurance program that would serve as a pool health insurance companies draw from for the highest-cost claims. Reinsurance is expected to cut health care premiums for most Colorado residents by as much as 20% as soon as it is implemented.<\/p>\n<p class=\"STND-STND BodyText\">Gov. Jared Polis signed the bipartisan House Bill 19-1168 reinsurance bill into law month. Combined with initiatives like Summit County\u2019s own Peak Health Alliance, Coloradans should expect to see significant drops in their premiums as early as next year. The waiver application is expected to be fully reviewed within the next 50 to 180 days.<\/p>\n<p><a href=\"https:\/\/www.summitdaily.com\/news\/local\/colorado-receives-federal-waiver-for-health-reinsurance-program-that-could-reduce-premiums\/\" target=\"_blank\" rel=\"noopener noreferrer\">via:: Summit Daily<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colorado has received a federal waiver to implement a health reinsurance program, which is expected to save Coloradoans up to 20% on health premiums when implemented.Getty Images \/ iStockphoto Gov. Polis\u2019 office announced Thursday that Colorado\u2019s Division of Insurance, part of the state\u2019s Department of Regulatory Agencies, received notice from the federal Centers for Medicare [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[97],"tags":[],"class_list":{"0":"post-25031","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-11 19:27:35","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KIFT - The LIFT FM","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/kift","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/kift\/wp-json\/wp\/v2\/posts\/25031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/kift\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/kift\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kift\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kift\/wp-json\/wp\/v2\/comments?post=25031"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/kift\/wp-json\/wp\/v2\/posts\/25031\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/kift\/wp-json\/wp\/v2\/media?parent=25031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kift\/wp-json\/wp\/v2\/categories?post=25031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kift\/wp-json\/wp\/v2\/tags?post=25031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}