Open enrollment begins on November 15. If consumers want to get coverage by January 1, they must enroll by December 15. Coverage cannot begin sooner than January 1. The open enrollment period lasts until February 15. Coverage purchased before the 15th of the month (December, January, February), becomes effective the […]
Glossary Group: Rate Reviews
3 posts
Yes. Because the calculation of the Advance Premium Tax Credit (APTC) is tied to premiums for the second-lowest silver plan available to a consumer, a change in the premium of that plan will impact the APTC. However, while the calculation is connected to that silver plan, consumers who qualify for an APTC can use […]
Yes, but these do not take into account consumers’ eligibility for federal tax credits that help to reduce the cost of premiums. These tax credits, called Advance Premium Tax Credits or APTC, are only available if coverage is purchased through Connect for Health Colorado, the state’s health insurance exchange. Eligibility for the APTC […]