Colorado insurance regulators extend deadlines

Published May 2, 2014 9:37pm ET



DENVER (AP) — Taking aim at two major gripes with the new health care law, Colorado regulators announced Friday that they’ll give health insurers another year to offer plans that don’t meet new federal requirements and will revise geographic rating zones that have led to high premiums in some mountain counties.

The Colorado Division of Insurance said it would give insurers until the end of 2015 to continue offering health coverage that is skimpier than current federal law allows. They said they don’t know how many insurers will take up the offer, or how many consumers will sign up to extend non-compliant plans.

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