Premiums will double next year for Coloradans who buy their health insurance on the state’s individual market, with higher-income families facing increases of $10,000 or more, the Colorado Division of Insurance announced Monday.

Marketplace customers face a double hit this year. The monthly “sticker price” of health insurance is rising, typically due to the aging population and increased use of expensive care, including high-cost medications. And households will have to pay a larger share of that monthly cost than they have since the pandemic as the tax credits that subsidize insurance purchases revert to pre-COVID levels.

The average person who receives subsidies to buy their insurance through Connect for Health Colorado , the state-run marketplace, will have to pay 101% more in 202

See Full Page