Hickenlooper slams Trump’s health care cuts as ‘cruelty without benefit’

Health insurance rates next year will rise even higher than expected after President Donald Trump's decision to stop paying insurers for certain subsidies, the Colorado Division of Insurance announced Friday.

Insurance rates across the state will rise an average of 33 percent next year, 6 percent higher than originally planned, said Colorado Division of Insurance Commissioner Marguerite Salazar.

The additional price hike raised fresh concerns about the health and future of Colorado's insurance markets, as well as whether insurers will stay on the exchange in 2019.

Salazar called Trump's latest decision, which ends cost-sharing reduction payments to insurers, "cruel and irresponsible. Read more on Colorado Springs Gazette