Upon request, when must the Colorado Supplement to the Summary of Benefits and Coverage Form be provided?

The correct response is that the Colorado Supplement to the Summary of Benefits and Coverage Form must be provided within 7 business days upon request. This requirement ensures that individuals have timely access to important benefits information, promoting transparency and informed decision-making regarding their health insurance options. The 7-day timeframe reflects a commitment to consumer rights, allowing policyholders or potential enrollees to obtain necessary documentation that breaks down their coverage in a comprehensible manner.

This prompt response time is designed to facilitate quick access to pertinent policy details. By mandating that insurers provide this information within a short period, the state aims to uphold standards that enable individuals to understand their medical benefits and make better-informed choices about their healthcare coverage.