On June 23, 2022, the U.S. Department of Health and Human Services (HHS) announced approval of a Colorado state innovation waiver request to create the “Colorado Option,” a health coverage plan that aims to encourage health coverage enrollment, lower health care costs, and reduce racial and ethnic disparities in insurance access for Colorado residents.
Captured under House Bill 21-1232 (signed into law June 16, 2021), the Colorado Option will be a health plan that private health insurers offer…