Insurance Companies Reverse Withdrawal Decision in Colorado
Two notable Colorado insurance providers, Anthem and Rocky Mountain Health Plan, have changed their minds about pulling out of several counties next year.
This reversal will primarily impact individuals who don’t receive insurance through their employers and plan to purchase it independently. The decision came after the state legislature allocated new funding during a recent special session to tackle what seems to be a significant increase in premiums.
Colorado Insurance Commissioner Michael Conway confirmed that a bill was passed in the special session.
“We appreciate their collaboration alongside other market participants during this tough year,” Conway remarked.
Last month, both insurers notified state regulators of their intentions to withdraw coverage from 16 counties. Had the withdrawal taken place, nearly 96,000 residents might have needed to seek alternative insurance options in 2026. This notice was filed as state regulators reviewed the insurers’ proposals for the upcoming year.
The reversal was somewhat anticipated. Shortly after the notice was submitted, the companies indicated a desire to continue offering individual health plans across all counties in the state.
“If sustainable rates for Anthem’s individual health plans are sanctioned, there won’t be any need to cancel,” the company stated.
On Tuesday, Anthem spokesperson Emily Snookes emphasized, “Anthem Blue Cross and Blue Shield remain dedicated to Colorado and will provide individual health plans in 2026 across all counties.”
State regulators are expected to reveal their final insurance rates for 2026 in the next few weeks. Open enrollment for those purchasing coverage on their own will kick off on November 1st.
