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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number  2013-00941

CCR details

Tracking Number 2013-00941
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 702 Division of Insurance
CCR Number 3 CCR 702-4 Series 4-2

Proposed rule

Notice Filed with SOS 08/30/2013
Rule ProposedRuleAttach2013-00941.DOC
Statutory Authority 10-1-109, 10-8-520, and 10-8-530(1.5)
Description of Subjects/Issues 4-2-22 INSURER ASSESSMENTS FOR COVERCOLORADO
Purpose/Objective of Rule CoverColorado was created by legislation in 1990 to provide access to health insurance for those Colorado residents who are termed “high risk” because they are unable to obtain health insurance or unable to obtain health insurance except at prohibitive rates or with restrictive exclusions. In order to keep up with the rising medical care costs for eligible individuals, § 10-8-530(1.5), C.R.S. was enacted to permit CoverColorado to assess special fees against certain insurers in Colorado, as necessary, to pay projected administrative expenses and losses of the program. Such special fees will be used to supplement premiums and other sources of funding, as set forth in § 10-8-530(1), C.R.S., received by the program. The purpose of this regulation is to establish the procedures for the assessment of special fees for the CoverColorado program.
Comments Keenan Lorenz
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation?
Hearing Date 10/01/2013
Hearing Time 01:00 PM
Hearing Location 1560 Broadway, Ste 850, Denver CO 80202
Contact Name Christine Gonzales-Ferrer
Contact Title Rulemaking Coordinator
Contact Telephone 303-894-2157
Contact email christine.gonzales-ferrer@yahoo.com

Adopted rule

Adopted Rules AdoptedRules02013-00941.DOC
Redline Redline2013-00941.DOC
Adopted Date 10/08/2013
AGO requested date 10/08/2013
Attorney General Opinion 10/24/2013
Effective Date 01/01/2014
Inserted into CCR 12/26/2013