Here are five points:
1. If the co-op, Colorado HealthOP, is forced out of the state insurance exchange, it will most likely go out of business.
2. The Colorado Division of Insurance dropped the co-op from the exchange because it claims the co-op does not have sufficient cash in reserve.
3. Without the reserves, Division of Insurance Commissioner Marguerite Salaza ruled Colorado HealthOP could no longer sell health insurance.
4. Thousands of policyholders will have to find more expensive health insurance if Colorado HealthOP closes. Approximately 79,000 individuals and 3,000 group policies were members of Colorado HealthOP.
5. Colorado Rocky Mountain resort region had one of the nation’s highest health insurance costs in 2014.
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