Friday Health is exiting the state of Colorado, and will no longer be offering health insurance in the state.

Friday Health FAQs for Colorado Policyholders

Existing policyholders will be covered through the end of 2023, but during open enrollment starting in November they will need to switch to a new plan. You can read about the advisory here

Here are answers to the most frequently asked questions about Friday Health leaving Colorado. 

Q. Will my Friday Health coverage continue?

A. Yes. The Colorado Department of Insurance assesses that Friday Health has the financial capacity to pay claims as promised through the end of 2023, and expects the company to keep paying claims as promised until December 31st.

Meanwhile, Open Enrollment for 2024 begins on November 1st of this year. That’s when you have a guaranteed right to enroll in a new insurance plan for 2024. To avoid a break in coverage, you should complete your enrollment in a new plan by December 15th.

That way, your coverage under your new plan will begin effective on January 1st.



Q. Should I keep paying premiums to Friday Health? 

Yes. You should keep making your payments to Friday Health to keep your coverage in force.

Q. I have met my deductible. Will I need to start over and meet a new deductible with a different carrier?

A. If you have already met your deductible, or you have made progress toward your deductible, you can continue your coverage under Friday Health for the rest of the year, as long as Friday Health remains operational.

You will not lose credit for your deductible as long as you continue your coverage.

However, you should plan to find new coverage at the end of your plan year, or join a healthsharing plan.



Q. Will I lose my premium subsidy?

A. No. If you’re receiving a subsidy under the Affordable Care Act or cost-sharing assistance for 2023, that assistance will continue as long as your premiums are paid.

Q. Can I switch health insurance plans?

A. You can switch health insurance plans if you qualify for a Special Enrollment Period due to a qualifying life event.

If you’re not sure if you qualify, feel free to contact me for a free consultation. Just click my calendar link below and pick a time.

Alternatively, you can also sign up for a healthsharing plan at any time, regardless of whether you’ve had a qualifying life event. Health sharing plans are typically 30 to 50% more affordable than the cost of an unsubsidized health insurance policy.

We help Coloradoans find ways around the high cost of health insurance. If you’d like to discuss your options, please reach out. 

Here are some additional blogs on healthsharing programs: Colorado Healthshare Plans: The Best Health Care Cost Sharing Plans in the StateWhy Are Health Insurance Companies Leaving Colorado? | Colorado Friday Health Customers: Act Now Before Your Special Enrollment Window CLOSES October 31st