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Colorado – Health Insurance Quotes

Colorado, a western U.S.A state, has a diverse landscape of arid desert, river crayons and snow-covered Rocky mountains. Its beauty draws you into the folds of its city. The Affordable Care Act changed the scenario of Colorado health insurance. Residents can freely sign up for the plans on the state-run marketplace called Connect for Health Colorado. Further, Colorado expanded Medicaid coverage to cover the gap of uninsured people who earn exuberantly to qualify for Medicaid and have the measly income to qualify for the tax credits under the Affordable Care Act. Compare health insurance plans online with Health Insurance Quotes Colorado.

The steps Colorado took to close the coverage gap mean more than 67 per cent of non-elderly adults now qualify for financial assistance either through the new health insurance marketplace or Medicaid. The report also detailed how many people would qualify for assistance.

  • 45% of uninsured Colorado residents qualify for either Medicaid or the Children’s Health Insurance Program.
  • 22% of uninsured Colorado residents qualify to receive tax credits to offset premium costs for marketplace plans.
  • Another 22 % of uninsured Colorado residents qualify for marketplace plans with no subsidy.

How Do I Enroll On the Colorado Health Insurance Marketplace?

Health Insurance Quotes Colorado are bifurcated into five categories. Below are the mentioned categories.

Open Enrolment:

Open Enrolment is a period when citizens are eligible to sign up for any insurance or coverage. One can change their insurance plans during this period. On missing the deadline, insurers have to wait for either a special or upcoming enrolment period to apply. 

Special Enrolment Period:

People are eligible for a special enrolment period with qualifying life events (QLE) such as marriage, the birth of a child, or moving into a new home with a different zip code. If any of these things have happened and you’ve lost coverage, you can sign up again within 60 days of the event.

Expanded Availability 

Changes in Health Insurance Quotes Colorado include the extended enrollment period due to COVID-19. There were crucial reductions in premiums with extra financial help available to individuals with higher incomes, and $0 or low-cost health insurance premium options for anyone receiving unemployment benefits for at least one week.

Connect for Health Colorado

Almost all Colorado citizens can access health insurance through Connect for Health Colorado if they’re state residents, or federally residing in the United States. These plans can be purchased online at ConnectforHealthCO.com. You can also enrol over the phone by calling 855-752-6749, in-person at an enrollment centre or through an insurance broker.

Coverage Types:

Half of Colorado residents receive their health insurance through an employer, nearly 17% receive Medicaid, and almost 13% are covered under Medicare. Another 7% of residents have non-group health insurance coverage and about 2% receive military health care benefits. Almost 8% of Colorado citizens are uninsured

Cheap Health Insurance Colorado

Colorado’s Medicaid program aids residents who are unable to purchase individual health insurance Colorado that is not covered by their employers or are not eligible for Medicare. Colorado offers such aid to becoming or qualifying pregnant women and eligible young adults. Additionally, Colorado is offering the child health plus plan for children and toddlers whose family members do not qualify for Medicaid.

Medicaid in Colorado

Colorado’s state-sponsored Medicaid program is known as Health First Colorado. This program offers free of cost or low-cost health insurance for children and young adults who qualify under this program. Many of the benefits and services that are included in Health First Colorado are numerous doctor visits, emergency room and urgent care, hospital stays, well-child visits, maternity care, prescription of drugs, dental services and many more are included in this plan

To qualify for Health First Colorado Plan, you must be:

  • A Colorado resident
  • A U.S. citizen, permanent resident, or legal alien
  • Pregnant
  • Aged 65 or older
  • Responsible for a child aged 18 or younger
  • Blind
  • Disabled

Eligibility hinges on your monthly income. You can apply for Medicaid by submitting an application through Connect For Health Colorado or Colorado’s program ELigibility and Application Kit (PEAK) eligibility system

Child Health Plan Plus in Colorado

Colorado’s Child Health Plan Plus offers low-cost health insurance for certain children and pregnant women. If you earn too much to qualify for Health First Colorado, you or your child may still qualify for CHP+ because this program has different rules. CHP+ covers doctor visits, preventive care such as immunizations, emergency care, and other services.
Children aged 18 or younger and pregnant women aged 19 and older who don’t qualify for Medicaid, don’t have any other insurance, and have a household income under 260% of the Federal Poverty Level may qualify for CHP+. The cost for CHP+ depends on your household size and income. You may have to pay an annual enrollment fee and copays at the time of service. However, pregnant women, American Indians, and Alaskan Natives don’t pay premiums or copays.