How Much Is Health Insurance in Colorado?

On this page

• What a Colorado Marketplace plan costs before subsidies
• What you’d pay after a tax credit
• Costs beyond the premium
• Colorado Marketplace facts
• When to enroll
• Other options in Colorado
• Frequently asked questions

What a Colorado Marketplace plan costs before subsidies

Age	Benchmark silver plan, per month (2026 estimate)
21	$436
30	$495
40	$557
50	$778
60	$1,183
64	$1,308
Child under 15	$333

A family of four with two 40-year-old parents and two young children would pay about $1,781 a month for benchmark plans before subsidies.

What you’d pay after a tax credit

If your household income is between 100% and 400% of the federal poverty level, a premium tax credit caps what you pay for the benchmark plan at a share of your income. A single 40-year-old in Colorado earning $40,000 would pay about $287 a month for the benchmark plan in 2026, with a tax credit of about $270. For 2027, the same person’s share would be about $289 a month. Above 400% of the poverty level ($62,600 for one person for 2026 coverage, $63,840 for 2027), you’d pay full price.

Colorado expanded Medicaid in 2014, so adults with incomes up to 138% of the poverty level generally qualify for Health First Colorado, the state’s Medicaid program, instead of a marketplace tax credit. See health insurance for low-income families.

Costs beyond the premium

What you pay when you get care depends on your plan’s deductible, copays and coinsurance, up to the out-of-pocket maximum of $10,600 for one person in 2026 ($12,000 in 2027). If your income is under 250% of the poverty level, a silver plan’s cost-sharing reductions lower those costs.

Colorado Marketplace facts

• Marketplace: Connect for Health Colorado, the state-run exchange.
• Enrollment: 277,238 plan selections for 2026, down from 282,481 in 2025. 69% got a premium tax credit, and the average enrollee paid $318 a month after it.
• Insurers: Six carriers for 2027. Denver Health Medical Plan, SelectHealth, Kaiser, HMO Colorado (Anthem) and Rocky Mountain HMO continue, Cigna leaves and Colorado Access joins. If yours is leaving, see what to do if your insurance company leaves the Marketplace.
• 2027 prices: The state’s Division of Insurance says the approved statewide average is 10%, down from an 11% request. ACA Signups’ recompilation of the same approved filings puts the enrollment-weighted average closer to 12.8%. Increases vary a lot by region, from about 5.9% on the Eastern Plains to around 11.8% in mountain resort communities and roughly 15.5% near Mesa County.
• State help: Colorado Option standardized plans drew about half of individual-market enrollees in 2026, over 138,000 people. OmniSalud offers state-funded coverage to residents who can’t use Connect for Health Colorado because of immigration status, though reduced 2026 funding limits new applicants to incomes under 150% of the poverty level. A state reinsurance program, funded partly through Senate Bill 178, is projected to save Coloradans nearly $470 million on 2027 premiums, holding the net increase for subsidized shoppers to about $20 a month instead of $69.
• Medicaid: Health First Colorado covers non-elderly adults up to 138% of the poverty level, and Child Health Plan Plus covers children up to 265% of the poverty level. Federal work requirements apply to expansion adults starting in 2027; see Medicaid work requirements.

When to enroll

Open enrollment for 2027 coverage runs from November 1, 2026 to January 15, 2027. Sign up through Connect for Health Colorado by December 15 for coverage that starts January 1. For ways to keep your bill down, see how to lower your Marketplace premium.

Other options in Colorado

• Job-based coverage, usually the cheapest route if it’s offered.
• Health First Colorado for adults, children and pregnant people under the income limits, and OmniSalud for residents ineligible because of immigration status; see health insurance if you’re not a U.S. citizen.
• Medicare at 65.

Health insurance costs in nearby states: Utah, Wyoming, Nebraska, Kansas and New Mexico. You can also compare health insurance costs in every state.

See 2027 plans and prices in your Colorado county: compare quotes by ZIP code.

Frequently asked questions

What’s the average cost of health insurance in Colorado?

Before subsidies, the 2026 benchmark silver plan for a 40-year-old averaged $557 a month. For 2027, the state’s Division of Insurance approved a 10% average increase, though ACA Signups calculates the enrollment-weighted figure at closer to 12.8%.

Is Cigna leaving Colorado?

Yes. Cigna is leaving Colorado’s individual Marketplace for 2027, affecting about 41,000 enrollees, who’ll need to pick a new plan during open enrollment.

What is the Colorado Option?

It’s a set of state-designed standardized plans tied to hospital-reimbursement targets. About half of Colorado’s individual-market enrollees chose one in 2026, up almost fourfold since the plans launched in 2023.

Can undocumented Colorado residents get help paying for coverage?

Yes, through OmniSalud, a program run separately from Connect for Health Colorado. Reduced 2026 funding means new applicants need income under 150% of the poverty level and may face a limited number of slots.

This article is general information, not insurance or tax advice. Prices are averages and estimates; your actual premium depends on your county, age, income and plan. Last reviewed September 2026.