Colo. Insurance Commissioner Conway Issues Statement on Affordable Care Act Case Texas Vs. U.S. - Insurance News | InsuranceNewsNet

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December 20, 2019 Newswires
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Colo. Insurance Commissioner Conway Issues Statement on Affordable Care Act Case Texas Vs. U.S.

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DENVER, Colorado, Dec. 20 -- The Colorado Department of Regulatory Agencies' Division of Insurance issued the following statement by Commissioner Michael Conway on the 5th Circuit Court of Appeals ruling on the Affordable Care Act case Texas vs. U.S.:

"Because the appellate court did not strike down the ACA, everything today is the same as it was yesterday, and it will be the same tomorrow.

"The Colorado marketplace remains strong and open enrollment for the individual market for 2020 still continues through January 15. Our state's exchange -- Connect for Health Colorado -- is still enrolling people for 2020 coverage.

"It will be a long time before any final decisions are made on this case. There have been many challenges to the ACA over the years, yet it remains the law.

"The new, lower premiums for the individual market for 2020 are still in place. The key reason for those new low premiums, our reinsurance program, is still moving forward and will be in place for 2020. The protections for pre-existing conditions, the 10 essential health benefits, and subsidies to assist individuals and families with paying their monthly premiums - are all still in place."

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