Colorado proposes $100 million loan to protect health coverage as ACA subsidies expire
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According to a Best Wire report, the money would support the state’s reinsurance program, direct payments to carriers to offset the loss of federal tax credits, and other programs under the Colorado health insurance affordability enterprise. The enterprise, created in 2020, is funded by federal dollars and insurer fees. It runs the reinsurance program, exchange subsidies and OmniSalud, which helps low-income residents not eligible for federal credits or state insurance.
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