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Health Insurance Decreasing in Cost in CO's Rural Communities

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Monday, December 9, 2013   

DILLON, Colo. - The talk of higher premiums reported by Colorado's rural residents as a result of the Affordable Care Act - such as in Garfield and Summit Counties - is prompting analysts to take a closer look. The Colorado Center on Law and Policy found that residents living outside of the Front Range will in many cases pay less, when the tax credits available in those areas are taken into account.

Kyle Brown, senior health policy analyst with the organization, also pointed out that higher premiums in those areas were there long before Obamacare came along.

"The high prices that these mountain communities are facing is not a new problem, and it wasn't created by the Affordable Care Act," Brown asserted. "As a matter of fact, the Affordable Care Act makes health insurance for many more folks in these communities affordable."

The tax credits are higher in rural parts of the state to make up for the higher costs resulting from limited health care providers and resources. According to CCLP, a 40-year-old nonsmoker living in Denver making $23,000 a year will receive a $129 credit a month, but the same person in Summit County would receive a $363 credit.

Coloradans still have the chance to sign up for health insurance through Connect for Health Colorado, the state's health insurance marketplace. Brown cautioned that it's important to understand the total out-of-pocket cost before deciding whether the health coverage offered is a good deal.

"It's not just about the sticker price," he said. "It's about the premium plus any tax credits that they would get through the Affordable Care Act."

According to CCLP, premiums for Summit and Garfield County residents may be 60 to 70 percent higher than those paid by Denver residents, but in many cases rural residents will pay less overall because of tax credits.

Link to the CCLP analysis at CCLPonline.org.




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