§ 10-22-101. Short Title
This article is known and may be cited as the “Colorado Health Benefit Exchange Act”. Source: L. 2011: Entire article added, (SB 11-200), ch. 246, p. 1073, § 1, effective June 1.
§ 10-22-102. Legislative Declaration – Intent
The general assembly determines and declares that with the March 23, 2010, enactment of the federal “Patient Protection and Affordable Care Act”, Pub.L. 111-148, and the March 30, 2010, enactment of the “Health Care and Education Reconciliation Act of 2010”, Pub.L. 111-152, which allow each state to establish a health benefit exchange through state law […]
§ 10-22-103. Definitions
As used in this article 22, unless the context otherwise requires: “Board” means the board of directors of the exchange, appointed in accordance with section 10-22-105. “Committee” means the Colorado health insurance exchange oversight committee created in section 10-22-107. “Exchange” means the Colorado health benefit exchange created in this article. “Federal act” means the “Patient […]
§ 10-22-104. Health Benefit Exchange – Creation
There is hereby created a nonprofit unincorporated public entity known as the health benefit exchange. The board of directors shall govern the operation of the exchange. The board shall determine and establish the development, governance, and operation of the exchange. The exchange is an instrumentality of the state; except that the debts and liabilities of […]
§ 10-22-105. Exchange Board of Directors
There is hereby created the board of directors of the exchange. The board consists of twelve members, of whom nine are voting members and three are nonvoting, ex officio members. On or before July 1, 2011, the governor shall appoint five voting members to the board, and the president of the senate, the minority leader […]
§ 10-22-106. Powers and Duties of the Board
The board is the governing body of the exchange and has all the powers and duties necessary to implement this article. The board shall: Appoint an executive director to administer the exchange, subject to approval by the committee; Create an initial operational and financial plan, subject to approval by the committee; Apply for planning and […]
§ 10-22-107. Colorado Health Insurance Exchange Oversight Committee – Creation – Duties
For the purposes of guiding implementation of an exchange in Colorado, making recommendations to the general assembly, and ensuring that the interests of Coloradans are protected and furthered, there is hereby created the Colorado health insurance exchange oversight committee. The committee shall meet at the call of the chair at least two times during each […]
§ 10-22-108. Moneys for Implementation, Operation, and Sustainability of the Exchange
Moneys received by the board for the implementation of this article, and for building reserves for the operation and sustainability of the exchange pursuant to section 10-22-109, must be transferred directly to the exchange for the purposes of this article. The board shall deposit any moneys received in a banking institution within or outside the […]
§ 10-22-109. Funding for the Operation of the Exchange and Reserves – Special Fees – Rules
On and after January 1, 2014, among other funding sources derived through the operation of the exchange, funding for the exchange may be from the following sources: Special fees assessed against insurers as provided in subsection (2) of this section; and Any moneys accepted through gifts, grants, or donations received by the board for operation, […]
§ 10-22-110. Tax Credit for Contributions to the Exchange – Allocation Notice – Rules
For the tax year 2013 and each tax year thereafter, a credit against the tax imposed by sections 10-3-209 and 10-6-128 is allowed to any insurance company that becomes a qualified taxpayer by making a contribution to the exchange pursuant to this section. A qualified taxpayer claiming a credit against premium tax liability under this […]
§ 10-22-111. Tax Exemption
The exchange is exempt from any tax levied by this state or any of its political subdivisions. Source: L. 2013: Entire section added, (HB 13-1245), ch. 258, p. 1364, § 5, effective May 23.
§ 10-22-112. Health Benefit Exchange – Referral to Private Insurance Brokers – Fees – Rules
The exchange shall include the following in its protocol for interacting with consumers in order to assist consumers in enrolling in health benefit plans: Upon a consumer’s contact with the exchange when seeking assistance in selecting a qualified health plan, whether online or by telephone, the exchange shall inform the consumer that he or she […]
§ 10-22-113. Colorado Affordable Health Care Coverage Easy Enrollment Program – Advisory Committee – Creation – Appointments – Duties – Definitions – Repeal
There is hereby created the Colorado affordable health care coverage easy enrollment program for the purpose of leveraging the individual income tax filing process to maximize the enrollment of eligible uninsured individuals in a health-care coverage affordability program. For the purpose of guiding the implementation and administration of the program, there is hereby created the […]
§ 10-22-114. Standardized Plan Survey – Repeal
The exchange shall conduct a survey in collaboration with the division that addresses the experience of consumers who purchased the standardized health benefit plan established pursuant to section 10-16-1304. The survey must be completed on or before January 1, 2026. This section is repealed, effective July 1, 2026. Source: L. 2021: Entire section added, (HB […]