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First Regular Session | 75th General Assembly
Colorado General Assembly
HB23-1224

Standardized Health Benefit Plan

Type Bill
Session 2023 Regular Session
Subjects
Insurance

Concerning changes to the "Colorado Standardized Health Benefit Plan Act".

Bill Summary:

The act makes changes to the "Colorado Standardized Health Benefit Plan Act" to require the Colorado health benefit exchange (exchange), in collaboration with the commissioner of insurance (commissioner), and after a stakeholder engagement process with consumers, producers, and insurance carriers (carriers), to develop a format for displaying the standardized health benefit plans (standardized plans) on the exchange.

The act requires carriers to file with the commissioner insurance rates for the standardized plans that comply with the premium rates specified in law for the standardized plans. The act allows the commissioner to establish uniform limits on carriers' administrative costs and profits for standardized plans.

Under the act, if a carrier is unable to offer the standardized plan at the required premium rates:

  • The carrier must provide relevant information concerning the steps the carrier will take to meet the requirements, along with supporting documentation; and
  • The division of insurance may hold a public hearing, pursuant to notice by the commissioner and in a manner specified by rules promulgated by the commissioner, prior to the approval of the carrier's final rates.
APPROVED by Governor May 10, 2023

EFFECTIVE May 10, 2023
(Note: This summary applies to this bill as enacted.)

Prime Sponsors

Representative Kyle Brown

Representative

Kyle Brown

Senator Iman Jodeh

Representative

Iman Jodeh

Senator Dylan Roberts

Senator

Dylan Roberts

Committees

House

Health & Insurance

Senate

Health & Human Services

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
05/10/2023 Signed Act PDF
05/05/2023 Final Act PDF
04/24/2023 Rerevised PDF
04/21/2023 Revised PDF
03/21/2023 Reengrossed PDF
03/20/2023 Engrossed PDF
03/02/2023 Introduced PDF
Date Version Documents
04/12/2023 PA2 PDF
03/13/2023 PA1 PDF
Date Version Documents
06/22/2023 FN2 PDF
03/09/2023 FN1 PDF
Activity Vote Documents
Adopt amendment L.014 (Attachment J). The motion passed without objection. Vote summary
Adopt amendment L.015 (Attachment K). The motion passed without objection. Vote summary
Adopt amendment L.016 (Attachment L). The motion passed without objection. Vote summary
Adopt amendment L.019 (Attachment M). The motion passed on a vote of 5-3. Vote summary
Refer House Bill 23-1224, as amended, to the Committee of the Whole. The motion passed on a vote of 5-3. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Adopt amendment L.005 (Attachment K). The motion passed without objection. Vote summary
Refer House Bill 23-1224, as amended, to the Committee of the Whole. The motion passed on a vote of 8-1. Vote summary
Hearing Summary
|
Committee Report:  PDF
Date Calendar Motion Vote Vote Document
04/26/2023 Senate Amendments REPASS
47
AYE
17
NO
1
OTHER
 		Vote record
04/26/2023 Senate Amendments CONCUR
47
AYE
17
NO
1
OTHER
 		Vote record
03/21/2023 Third Reading BILL
46
AYE
19
NO
0
OTHER
 		Vote record
Date Calendar Motion Vote Vote Document
04/24/2023 Third Reading BILL
23
AYE
11
NO
1
OTHER
 		Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
04/21/2023 L.002 HOU Health & Insurance Passed [*] PDF
04/12/2023 L.019 SEN Health & Human Services Passed [*] PDF
04/12/2023 L.016 SEN Health & Human Services Passed [*] PDF
04/12/2023 L.015 SEN Health & Human Services Passed [*] PDF
04/12/2023 L.014 SEN Health & Human Services Passed [*] PDF
03/20/2023 L.012 Second Reading Lost [**] PDF
03/20/2023 L.008 Second Reading Lost [**] PDF
03/20/2023 L.011 Second Reading Lost [**] PDF
03/20/2023 L.010 Second Reading Passed [**] PDF
03/20/2023 L.009 Second Reading Lost [**] PDF
03/20/2023 L.007 Second Reading Lost [**] PDF
03/10/2023 L.005 HOU Health & Insurance Passed [*] PDF

* Amendments passed in committee are not incorporated into the measure unless adopted by the full House or Senate.

** The status of Second Reading amendments may be subsequently affected by the adoption of an amendment to the Committee of the Whole Report. Refer to the House or Senate Journal for additional information.

Date Location Action
05/10/2023 Governor Governor Signed
05/05/2023 Governor Sent to the Governor
05/05/2023 Senate Signed by the President of the Senate
05/04/2023 House Signed by the Speaker of the House
04/26/2023 Senate House Considered Senate Amendments - Result was to Concur - Repass
04/25/2023 Senate House Considered Senate Amendments - Result was to Laid Over Daily
04/24/2023 Senate Senate Third Reading Passed - No Amendments
04/21/2023 Senate Senate Second Reading Passed with Amendments - Committee, Floor
04/14/2023 Senate Senate Second Reading Laid Over Daily - No Amendments
04/12/2023 Senate Senate Committee on Health & Human Services Refer Amended to Senate Committee of the Whole
03/22/2023 Senate Introduced In Senate - Assigned to Health & Human Services
03/21/2023 House House Third Reading Passed - No Amendments
03/20/2023 House House Second Reading Special Order - Passed with Amendments - Committee, Floor
03/14/2023 House House Second Reading Laid Over Daily - No Amendments
03/10/2023 House House Committee on Health & Insurance Refer Amended to House Committee of the Whole
03/02/2023 House Introduced In House - Assigned to Health & Insurance
Effective Date Chapter # Title Documents
05/10/2023 159 Standardized Health Benefit Plan PDF

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