COVID-19 Insurance Updates

Effective March 17, 2020, the Division of Insurance promulgated emergency regulation 20-E-01 that establishes the coverage and cost-sharing requirements for commercial insurers related to claims arising from the testing and treatment of COVID-19. They also require insurers to provide coverage for COVID-19-related in-network telehealth services with no cost share for the covered person, and to cover at least one additional early refill of all necessary prescriptions to ensure that the covered person has access to necessary medications.

On March 27, 2020, the Division of Insurance issued Bulletin No. B-4.105, which applies to small and large group health benefit plans regulated by the state. The bulletin requires insurers to offer premium grace periods and waive late fees, and it prohibits insurers from canceling policies for nonpayment of premiums.

Employers with policies regulated by Colorado should be aware of these developments.

Emergency Regulation 20-E-01 »
Bulletin No. B-4.105 »