Friday Health Plans to Leave Thousands Without Insurance in Colorado and Georgia

Health insurer Friday Health Plans will cease operating, leaving over 30,000 people who buy coverage on their own in Colorado needing to find new insurance plans next year. The company had grown quickly but was unable to secure the additional capital required to run its business. Colorado regulators have prohibited Friday from enrolling new members in the state, but the company's Colorado operations are financially stable enough to continue paying member claims through the end of the year. Friday's demise was a long time coming, and it had already pulled out of Texas and New Mexico last year.