DENVER (AP) – Colorado's rural areas can't escape higher medical insurance charges because it's costlier to bring fitness care, the state Division of insurance concluded Monday in a examine on Colorado's nine geographic rating regions.
The insurance regulators have been ordered to examine the issue of bigger insurance costs on the Western Slope and in different rural areas. State lawmakers from rural areas have pointed out it's unfair that individuals along the front range have reduce expenses for health insurance. They desired to look Colorado adopt a single cost for fitness coverage in all parts of the state.
but insurance regulators noted Monday that rural health care is easily greater costly.
"moving to a single geographic score area will don't have any have an impact on on healthcare costs, and devoid of tackling these fees, there's little hope of bringing down medical insurance premiums," the agency concluded.
for instance, the annual total health care charge per member in 2014 turned into 36 p.c larger in a Western Slope enviornment than it was within the Boulder enviornment.
The company warned that some insurers would depart Colorado completely if forced to sell plans to all ingredients of the state.
"My problem is that relocating to a single geographic ranking enviornment could grow to be harming the very residents it's trying to support," assurance Commissioner Marguerite Salazar talked about in a statement.
The Division vowed to come back out with some ideas to tackle fitness care charges via the end of the yr.
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