Fourth health insurance company to leave Colorado

Friday Health Plans will become the fourth health insurance company to withdraw from the Colorado market in the past year, according to a Thursday announcement from the Colorado Division of Insurance. Friday’s departure is added to Humana, which involved around 155,000 subscribers; Bright Health, which covered approximately 30,000 members; and, Oscar Health, which covered 3,800 members. All three companies announced in 2022 that they, too, would be leaving the Colorado market. Three of the plans operated in the small group and individual markets. Humana operated only in the small business…

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