CO: OmniSalud Binder Payment Flexibility (B-4.160)

Colorado Bulletin B-4.160 encourages individual market health insurance carriers to exercise flexibility in effectuating coverage and processing binder payments for individuals enrolling in OmniSalud SilverEnhanced Savings plans for Plan Year 2027. A binder payment is defined as the initial premium payment required to effectuate coverage; the bulletin applies only to binder payments and does not address ongoing monthly premium payments. The bulletin is effective October 22, 2026. This is an encouragement rather than a mandate, carriers are asked to be flexible but face no explicit penalty for non-compliance. However, carriers offering OmniSalud SilverEnhanced Savings plans should review their binder payment and coverage effectuation processes to align with the Division expectations for PY 2027 enrollment.

Source: https://doi.colorado.gov/announcements/notice-of-adoption-bulletin-b-4160-binder-payment-and-coverage-effectuation