If Congress doesn’t restore CHIP funding by the end of December, the state plans to issue another batch of letters.
Colorado has began sending letters to CHIP enrollees advising them that they need to look at private insurance coverage options. Formal termination notices could go out in mid-December.
Coloradans will be able to shop for health insurance on the state exchange starting in November through Jan. 12, 2018.
“Cutting the cost sharing reduction payments is cruel and irresponsible,” said Colorado’s Democratic governor, John Hickenlooper.
Colorado's insured rate remains steady in 2017 at 93 percent.
Colorado's median household income went up in 2016 while poverty and the number of people uninsured went down.
The two governors called for the immediate stabilization of health insurance markets, among other recommendations.
The Democrat and Republican are working on a bipartisan plan to stabilize health insurance markets and give more power to states.
The CEO of Connect for Health Colorado says the state's health care exchange is in good shape in the face of federal turmoil.
President Trump says he's OK if Obamacare "implodes," and he may take a step toward that soon.