Colorado Families Face Massive 2026 Insurance Rate Hike
I can't be the only one who thinks that living in general is just too expensive nowadays. Everything has just been outrageous when it comes to pricing, and it seems as if there is no end in sight as to when it may become remotely affordable again.
Insurance Costs Set to Skyrocket in 2026
To be honest, it is quite discouraging at times. If you happen to be one of the many residents in Colorado who get health insurance from the Colorado individual marketplace, Connect for Health Colorado, I've got some not-so-good news for you. Your insurance rates are going to cost a lot more.
READ MORE: Colorado’s Cost of Living Continues to Climb
According to KDVR, the Colorado Division of Insurance has released the final approved premiums for the 2026 private health insurance plans, and they are expensive. How expensive? Plan on paying double what you paid in 2025.
101% Average Increase and Coverage Losses
Approximate premium increases are looking to be around 101 percent, or double the premium costs. The Colorado Division of Insurance is estimating that the upcoming premium increases will result in around 75,000 Colorado residents losing health insurance coverage in 2026.
Examples show that a family of four with an annual income of $128,000 will no longer be eligible for financial assistance from the tax credits, and the standard Silver Health Insurance Plan would increase by around $14,000 per year in the Denver Metro Area.
READ MORE: How Expensive Is It to Retire in Colorado?
Another example is a family of four living on the Western Slope of Colorado, the San Luis Valley, or the Eastern Plains of Colorado, could expect the standard plan to increase annually by $16,000 to $21,000.
Where to Learn More About Colorado's Health Insurance
More information on the upcoming healthcare insurance coverage increases can be seen at colorado.gov.
