We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
Stephens is a member of the Legislature’s Public Health Care and Human Services Committee and asked DORA about the alleged pressure by Sen. Udall’s office, which was first reported by news website The Complete Colorado on Jan. 9.
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The Complete Colorado obtained and published internal emails from Division of Insurance staff regarding communication from Udall’s office questioning a statistic that 249,199 Coloradans had received cancellation notices for their insurance policies.
The original story can be found here.
U.S. Rep. Cory Gardner, a Republican, also sent a letter to Insurance Commissioner Marguerite Salazar requesting information on the exact number of Coloradans who had received insurance cancellation notices in the past year.
Gardner’s letter can be found here.
DORA responded to Gardner’s letter as well, saying that a Nov. 6 news release had confirmed that 249,199 people received cancellation notices.
“Following this news release, the Division (of Insurance) wanted to research the number of people who received cancellation notices and who also had the option for early renewal,” Kelley wrote in the response to Gardner.