Colorado Advances 2026 Health Insurance Enrollment Amid Premium and Subsidy Challenges

Colorado has launched its annual open enrollment for 2026 health insurance plans through Connect for Health Colorado, aiming to maximize coverage among residents despite challenges like rising premiums and reduced federal premium tax credits. In response to increased premium costs and the potential loss of enhanced federal subsidies, Colorado enacted HB25B-1006 during a Special Session to enhance its reinsurance program and introduce Colorado Premium Assistance, targeting households between 100%-400% of the federal poverty level to reduce out-of-pocket expenses. As of early November, enrollment stands at 210,139, a 5% decline from last year, influenced by premium hikes, subsidy uncertainty, and fewer auto-renewals due to eligibility adjustments. Six insurers participate in the marketplace for 2026, offering plans including the Colorado Option, which provides multiple services like wellness visits and mental health care at no cost. Connect for Health Colorado remains the exclusive conduit for financial assistance on insurance, with approximately 65% of enrollees expected to qualify, and over half of those qualifying for subsidies able to find plans with premiums under $10 monthly. To support consumers through the enrollment process, the marketplace offers free expert assistance in multiple languages and enhanced tools for comparing medical and dental plans without requiring login credentials. Enrollment closes January 15, 2026, with a December 15 deadline for coverage starting January 1, emphasizing the importance of timely application to avoid coverage gaps. This initiative underscores Colorado's strategic response to federal policy changes and economic pressures, aiming to sustain insurance affordability and accessibility for its population.