30,000 people will lose health insurance at the end of August as Colorado shuts down Friday Health Plans. 

Friday Health Plans started in Colorado in 2015 with hopes of revolutionizing the health insurance market. Nearly a decade later, the company has imploded, leading tens of thousands of people scrambling to find new health insurance. 

State regulators are moving to “liquidate” the company, meaning its assets will be divided up and the business closed. As a result, all of Friday Health’s plans in Colorado will end on August 31st. The company was already set to close, seeming to collapse after an over-aggressive expansion. But state regulators decided to speed up the shutdown amid growing concerns about the company’s financial health, including from doctors who were refusing to honor its health plans. 

A special enrollment period opened on Monday, July 17th. If you want to ensure you have continuous insurance coverage, you should enroll in your new plan by August 31st. 

Most Friday Health customers will be able to register for the special enrollment period and find new plans on the Connect for Health Colorado exchange or find coverage through their insurance broker. The special enrollment period will remain open through October 31st, and after that the regular enrollment period will open.

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Dan R

Danny “Dan R” Ridenour has been in radio and television broadcasting for over 40 years, starting as a senior in high school in Rogers, Arkansas. His radio career has had stops in Nashville, Memphis, Oklahoma, and eventually, Colorado. Dan enjoys being involved in the community, having been a member of the Upper Arkansas Service Club and is currently on the board of directors for the Salida Community Center and is a member of the Chaffee County Fair Committee. He and his wife Carrie spend their days doing everything the mountains have to offer: hiking, camping, fishing and skiing. They've raised 3 children and have 2 grandchildren.

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