Kyle Brown
- Democratic
- Representative
- District 12
Primary
For individual health benefit plans, if a covered person has paid any out-of-pocket expenses and the individual's health insurance carrier (carrier) exits the health insurance market and can no longer provide health insurance benefits to the individual, the act requires the individual's new carrier to credit all of the out-of-pocket expenses paid by the individual in accordance with the original health benefit plan in the given plan year to the new health benefit plan if the individual enrolls in the new health benefit plan in the established special enrollment period. The new carrier may file a claim for the amount of any claims liability that results from the new costs to the carrier; except that a claim may not be filed with the estate of the new carrier if the new carrier has otherwise recouped its costs for out-of-pocket expenses credited to covered persons. The act grants an exception for carriers from crediting the out-of-pocket expenses if doing so would make the carrier insolvent. The act grants rule-making authority to the commissioner of insurance. APPROVED by Governor June 3, 2024 EFFECTIVE January 1, 2025(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
House Considered Senate Amendments - Result was to Concur - Repass
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Floor
Senate Second Reading Laid Over to 04/17/2024 - No Amendments
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
Senate Committee on Health & Human Services Refer Unamended to Appropriations
Introduced In Senate - Assigned to Health & Human Services
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Committee on Appropriations Refer Unamended to House Committee of the Whole
House Committee on Health & Human Services Refer Amended to Appropriations
Introduced In House - Assigned to Health & Human Services
| Bill Text Versions | Format |
|---|---|
| Signed Act (06/03/2024) | |
| Final Act (05/29/2024) | |
| Rerevised (04/18/2024) | |
| Revised (04/17/2024) | |
| Reengrossed (02/20/2024) | |
| Engrossed (02/16/2024) | |
| Introduced (02/13/2024) | |
| PA1 (02/16/2024) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (04/09/2024) | |
| Fiscal Note FN1 (02/13/2024) | |
| Fiscal Note FN2 (07/17/2024) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.