Funding A Sticking Point As Colorado Debates Reinsurance Program

Stakeholders in Colorado continue to debate the development of a reinsurance program for the 2019 plan year that would cost about $346 million in order to significantly reduce premiums. Sources note that gathering the funding is a key sticking point in the debate because issuers are hitting back on using a premium assessment and other funding is elusive. Colorado's legislature approved a bill last year requiring the state's Department of Insurance to look into options for setting up a reinsurance...