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Zane Benefits Publishes New Information on the Colorado Health Insurance Exchange
Date:3/29/2013

sful insurance exchange in Colorado. The Governor’s Office obtained a planning grant in late 2010 from the federal government to fund the initial efforts to create a state health insurance exchange. In May 2011, the Colorado General Assembly passed Senate Bill 11-200, which establishes the Colorado Health Benefit Exchange (COHBE), a public entity governed by a Board of Directors. SB 11-200 also created a legislative implementation review committee to guide the development of the Exchange. According to the Exchange website, State leaders decided that a state-based marketplace would be best for Coloradans, rather than sending Coloradans to a federal exchange.

What will the Colorado Health Benefit Exchange Look Like and How Will it Work?

According to Zane Benefits’ website, the Colorado Health Benefit Exchange, soon to be called Connect for Health Colorado, will be an online marketplace where Coloradans can shop for and purchase health plans. This website will interface with various government databases to determine eligibility for tax credits and public insurance.

Individuals and families will be able to compare plans and sign up for health insurance. Phone and in person support will be available to help consumers understand the plans and how to enroll. And, Small employers will be able to purchase plans for their employees, using tax credits.

How is the Colorado Health Insurance Exchange Funded?

According to Zane Benefits’ website The United States Congress designated funding for states to build exchanges. The operating costs of the Exchange are expected to be funded primarily by the federal government through 2014.

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