Colorado

Colorado Option health insurance premiums to rise again, but less than in 2023

Published

33 mins ago

July 17, 2024

Colorado Option health insurance premiums to rise again, but less than in 2023

Monthly premiums could increase 4% next year for Colorado Option health insurance plans and 6% for other types of plans sold on the individual marketplace, on average, according to new data from the state Division of Insurance.

The Colorado Option is a standardized health plan that covers more services without out-of-pocket costs than the average plan. The option plans were supposed to lower premiums by 10% this year, after accounting for inflation, but only about one-third succeeded. They were, however, some of the cheaper plans available to Coloradans, and about one-third of individual market customers bought one this year.

The average premium increase would be higher for small businesses, at about 8%, if the Division of Insurance approves. Companies selling on the marketplace in Colorado have to submit their proposed rates to the division, which determines if they are justified based on the cost of covering care. The final rates will become public in October.

Last year, insurers asked for about an 8% increase for Colorado Option plans and an 11% increase for non-Option plans. Most ultimately received smaller increases.

The division estimated premiums would have risen about 23% if the state didn’t have a reinsurance program in place. Reinsurance basically backstops insurance companies, so they don’t have to pay as much for the relatively small percentage of customers who require the most expensive care. Since federal law limits how much insurers can earn in profits, they have to pass at least some of those savings on to customers through lower premiums.

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Originally Published: July 17, 2024 at 2:22 p.m.

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Colorado

South Nevada closed south of I-25 Wednesday night as road work continues in Colorado Springs

Published

8 hours ago

July 17, 2024

Press Room

South Nevada closed south of I-25 Wednesday night as road work continues in Colorado Springs

COLORADO SPRINGS, Colo. (KKTV) – If you use South Nevada to get onto I-25, consider an alternate route Wednesday night into Thursday morning.

The road will be closed between Brookside Street and the I-25 on-ramps starting at 9 p.m. Wednesday through 5 a.m. Thursday.

The closure will be in place so workers can remove the traffic signal at the intersection of South Nevada, East Motor Way and East Arvada Street. The below map shows the closure and detour routes:

South Nevada closure map, with detours marked.(City of Colorado Springs)

For those who prefer having their detours written out:

Northbound traffic on South Nevada Avenue is advised to take Brookside Street to South Tejon Street to I-25 South Connector Road to South Nevada Avenue.
Southbound traffic on South Nevada Avenue is advised to take I-25 North Connector Road to South Tejon Street to Brookside Street to S. Nevada Avenue.
Eastbound traffic on East Motor Way is advised to take South Tejon Street to I-25 South Connector Road to South Nevada Avenue, or South Tejon Street to Brookside Street to South Nevada Avenue.
Westbound traffic on East Arvada Street is advised to take South Wahsatch Avenue to Brookside Street to South Nevada Avenue, or South Wahsatch Avenue to Brookside Street to South Tejon Street to I-25 South Connector Road to South Nevada Avenue.

The city says if weather or a crash interrupts the work, there will be a second closure Thursday night into Friday morning.

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Colorado

Colorado native’s National Anthem sparks discussion about alcohol

Published

15 hours ago

July 17, 2024

Press Room

Colorado native’s National Anthem sparks discussion about alcohol – CBS Colorado

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It was to be a night of nationwide exposure for the rising performer and Colorado native, instead, it drew criticism and expressions of concern.

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Colorado

Colorado ticket broker facing theft charge, warrant issued for arrest | KRDO

Published

22 hours ago

July 16, 2024

Press Room

Colorado ticket broker facing theft charge, warrant issued for arrest | KRDO

COLORADO SPRINGS, Colo. (KRDO) – The El Paso County Sheriff’s Office (EPSO) has a warrant out for the arrest of Talia Yadgar, the owner of Ticket Secrets LLC.

Ticket Secrets LLC is a ticket broker that helps get people better tickets for a cheaper price and gives customers the tickets on the day of the event. Many people who used Ticket Secrets for the Morgan Wallen concert in Denver were left at the gates with no tickets and no response from Yadgar.

Issues seemed to have started when Yadgar made this post in her Facebook group Ticket Secrets:

I had a huge family emergency that happened an hour ago and I haven’t been able to get my phone. I am not near my computer.
I am deeply sorry for what has happened and I understand how upset and frustrated people are with me and this situation.
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I WILL BE REFUNDING EVERYONE THAT HAS BEEN AFFECTED BY THIS!!
Ticket Secrets Facebook Account

Then one week later, Yadgar announced she had retained legal counsel and would no longer be responding to any messages leaving customers like Shawn Wickham out thousands of dollars.

Wickham said he’s made dozens of transactions with Ticket Secrets LLC over the past 2-3 years. Until recently he’s never had an issue. “I reached out to her and tried to order some additional NFL tickets for later this season, and that’s when I started receiving ghosted messages and couldn’t receive any type of communication,” Wickham told KRDO13 Investigates.

KRDO13 Investigates reached out to Yadgar’s attorney Richard Gross and have not heard back. Yadgar no longer lives at the address she listed with the state for Ticket Secrets LLC. The current residents said the Yadgars moved out a year ago. Former neighbors said the Yadgar family was nice and fit in with the quiet neighborhood.

“While I’m disappointed about the amount of money that has been outweighed as of right now, the bigger disappointment I have right now is that the tickets for the events will never show up,” Wickham added he’s already purchased airplane tickets and hotel rooms for events out of state that he no longer is getting tickets for.

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