- Manage Account . external page
-   Other Languages
- High-Quality Care
- Cost Management
- Healthier Employees
- Mental Health and Addiction Medicine
- Telehealth Services
- Enrollment Support and Resources
- Experience KP
- Locate Services
- Small Business
- Large Business
- Virtual Plans
- Multi-State & National Business
- Labor and Trust Funds
- Group Medicare
- Individual & Family Plans . external page
- Consumer Directed Health Care
- Occupational Health
- Additional Benefits
- PPO and Point-of-Service Plans
- COVID-19 Resources
- Culture of Health
- Four Steps to Workforce Well-Being
- Monthly Health Topics
- Resource Center
- Flu prevention and COVID-19
- Stress Management
- Mental Health Awareness Training
- Mental Health and Wellness
- Social Health
- Specialty Care
- Virtual Care
- Health Plans
- Small Business Plans
- Colorado . current menu item
Small Business Plans in Colorado
Find a health care plan for your small business
Choosing the right health care partner can help you achieve a healthier workforce, a healthier business, and a healthier future. Together, we can tailor a solution that meets the needs of your business and your employees.
Call to speak with a salesperson
7 Things Every Small Business Owner Should Know About Health Coverage
Get the e-book >
Your employees see doctors who are motivated by outcomes, not profits — so you get the most value for your health care dollars.
Of the 12 commercial health plans in Colorado rated by the National Committee for Quality Assurance, ours is the top-rated plan in the state for the second year in a row.*
Access to more than 1,000 Kaiser Permanente doctors across Colorado, plus a network of providers and specialists.
Explore our Plans
Find health coverage that supports your workforce and fits your budget..
The following types of plans are available in Colorado. Each one meets the requirements of the Affordable Care Act (ACA).
Copayment HMO plans
Predictable copays, a focus on prevention, and programs that go beyond the traditional HMO
Deductible HMO plans
Once the out-of-pocket-maximum is met, most services are 100% covered the rest of the year
PPO and POS plans
Employees can take advantage of our integrated network or see any licensed provider of their choice
Download plan summaries
The metal naming system was created as part of the ACA to make it easier for you to shop and compare plans. In general, the higher the metal value, the greater the coverage.
*NCQA’s Private Health Insurance Plan Ratings 2019–2020, National Committee for Quality Assurance, 2019: Kaiser Foundation Health Plan of Colorado — HMO (rated 4.5 out of 5). NCQA’s Private Health Insurance Plan Ratings 2018–2019, National Committee for Quality Assurance.
- The KP Difference
- Thrive At Work
- Find a Doctor . external page
Visit Our Other Sites
- KP.org . external page
- Individual & Family Plans . external page
- Thrive . external page
- Medicare . external page
- Federal Employees . external page
- Health Care Reform . external page
- Careers . external page
- About Us . external page
- Accessibility . external page
- Terms & Conditions . external page
- Technical Information . external page
- Nondiscrimination Notice . external page
Kaiser Permanente health plans around the country: Kaiser Foundation Health Plan, Inc., in Northern and Southern California and Hawaii • Kaiser Foundation Health Plan of Colorado • Kaiser Foundation Health Plan of Georgia, Inc., Nine Piedmont Center, 3495 Piedmont Road NE, Atlanta, GA 30305 • Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc., in Maryland, Virginia, and Washington, D.C., 2101 E. Jefferson St., Rockville, MD 20852 • Kaiser Foundation Health Plan of the Northwest, 500 NE Multnomah St., Suite 100, Portland, OR 97232 • Kaiser Foundation Health Plan of Washington or Kaiser Foundation Health Plan of Washington Options, Inc., 1300 SW 27th St., Renton, WA 98057
Congratulations! You have successfully saved this item.
To access your Saved items any time, open the "Saved Items" folder in the top right corner of the page.
View Saved Items >
It seems that you do not have cookies enabled. Please enable cookies to make use of all of our site's functionality.
You haven't collected any items yet.
Click the "Save" icon next to the content you want to revisit later.
Click on the "Saved Items" link at the top of the page or use the URL we create for you.
Be sure to copy and paste the URL we create for you before you leave the site.
After leave the site, your saved items will be saved for you at this URL:
Share your list
2023 Colorado Small Business Health Insurance Guide
by Christine Corsini | Mar 11, 2022 | Colorado Health Insurance , Health Insurance | 0 comments
In this Colorado small business health insurance guide, we’re going to explain the basics of getting a group plan for your small company. Then we’ll answer some of the most frequently asked questions about CO group insurance.
Over the last few years, few things have changed as rapidly as the way that people think about their employment. The shift to remote and hybrid work structures brought about a wave of transfers and resignations, as workers scramble to find employment opportunities that are a good match for the digital era.
If this employment shake-up has taught us anything, it’s that small business health insurance plans are more important than ever for companies looking to attract, retain, and develop their most valuable employees.
In This Colorado Small Business Health Insurance Guide:
- Intro: Why Colorado small business owners should consider group health insurance plans, (even if they’re not required to).
- The Rules: What you need to know about 2023 business health insurance rules in Colorado.
- The Options: A look at all of the health insurance options for small business owners, both in CO and across the country.
- FAQ: Frequently asked questions about Colorado small group health insurance, enrollment deadlines, contribution requirements, employee minimums, and more.
Intro: Why Should Small Businesses Consider Health Insurance?
If your business has 50 or fewer employees, then there is no penalty for not offering a group health insurance plan. But savvy small business owners know that there are a number of bottom-line benefits that come with group insurance. Together, these benefits make it more than worth the cost.
According to a recent survey by the Kaiser Foundation , group health insurance plans are directly linked to:
- Fewer sick days used annually
- Higher job satisfaction figures
- Reduced employee turnover
- Employer-reported productivity gains
Combine these findings with the Small Business Healthcare Tax Credit, and you have a benefit option that is bringing more wealth into the company than it is taking out.
Q: How Much Do the Plans Cost?
Any Colorado employer with 25 or fewer full-time employees that offers group coverage can get a tax credit that is worth up to 50% of that company’s premium expenses. In addition, these business owners can deduct 100% of all health insurance expenses as ordinary business expenses.
Q: How Do You Qualify for the Small Business Health Insurance Tax Credit?
Small business owners can qualify for the tax credit if they meet all of the following requirements:
- The business has 25 or fewer full-time equivalent employees
- The average salary for these employees is less than $56,000 per year
- Your contribution to employee premiums totals at least 50%
- Coverage is offered through the Small Business Healthcare Options (SHOP) program. (If no SHOP plans are available in your business’ location, the IRS will still allow you to claim the credit) .
- You offer coverage to all of your full-time employees. (There is no obligation to offer the plan to dependents or part-time employees) .
Note: Business owners can only claim the Small Business Health Care tax Credit for 2 consecutive years.
The Rules: 2023 Colorado Business Insurance Requirements
The Affordable Care Act (ACA) defines and enforces a number of rules about small business health insurance. The biggest requirement is that businesses with 50 or more employers provide an affordable group health insurance plan to their employees. This plan must provide the 10 essential ACA benefits, and the business must pay a contribution minimum of 50% for each employee.
The State of Colorado does not enforce employers to offer health insurance. The federal penalty still applies for large businesses who do not offer insurance.
However, Colorado does have a list of state-specific health insurance mandates enforced by the Colorado Division of Insurance (DOI). These mandates state that all individual and group health insurance plans in the state must offer coverage for specific things that might not be mentioned by the ACA.
Some of the topics regulated by the DOI include:
- Coverage while participating in a clinical trial
- Diabetes equipment, supplies, education, and self-management
- Maternity coverage
- Anticancer medications
- Preventive healthcare services
- Prosthetic devices
- Reproductive health
The Options: The Available Health Insurance Options for Small Business Owners in Colorado
1.) no health plan.
Businesses that have fewer than 50 employees are not required to offer group health insurance. Larger companies, on the other hand, have to face a significant tax penalty if they don’t.
As a small business owner, you can choose whether or not to offer coverage. But before you choose this option, take the time to review the significant benefits that come with offering at least some form of health plan.
2.) Employer-Sponsored Group Health Insurance
Group plans can keep your employees healthy, happy, and effectively producing for your company. A good health benefit plan is also a great way to make sure that your key employees are going to stick around, while also attracting top talent to your organization.
Group plans come in a number of forms. Here are the most common:
- HMO / Health Maintenance Plans: Insurance plans that work exclusively with contracted providers. With HMOs, employees must use in-network care to be covered (with some rare and emergency exceptions).
- PPO / Preferred Provider Plan: These group plans have more choice to use out-of-network care. Out of network care might come at a higher rate, but it’s not as restrictive as HMOs.
- POS / Point of Service Plan: These plans are not as common as HMOs and PPOs. POS plans combine elements of both HMOs and PPOs, and require the use of a primary care doctor for all referrals.
Popular Colorado Group Health Insurance Companies include:
- Cigna: Lot’s of plan options, including the employee Indemnity Plan that allows employees to use specialists without needing a referral.
- Friday Health Plans: For individuals and businesses in Denver, Colorado Springs, NE Colorado, and the San Luis Valley
- Anthem BlueCross BlueShield: With a total provider network that includes 90% of all the nations doctors and hospitals
Depending on which country your business operates in, more insurance companies could be available for you to choose from. If you’d like to see what’s available specifically to you, visit our main page and enter your zipcode .
3.) Low-Cost Insurance Alternatives, like Medical Cost Sharing Programs (Healthshare for Business)
Until recently, low-cost healthcare cost sharing programs were built only for individuals. Today, health sharing plans are being custom-tailored to small businesses, giving owners and managers a way to provide a valuable employment benefit without spending too much.
Small business healthshare plans have some big advantages over traditional insurance, including:
- More affordable that group insurance by as much as 50%
- Requires no minimum employer contribution
- Gives employees a greater freedom of choice (no provider networks)
MPB Health is one business healthshare option that Colorado employers should consider. Some MPB plans can be configured to work with Health Savings Accounts (HSAs), and others can be paired with popular Direct Primary Care (DPC) memberships.
Colorado Small Business Health Insurance FAQ [Frequently Asked Questions]
Q: do i need to offer health insurance to my employees.
If your business has more than 50 employees, then you can face a significant tax penalty for not offering a group insurance plan. If you have a small business with 50 or fewer employees, there is no requirement to offer insurance.
Q: What is the minimum number of employees for group health insurance?
In almost all U.S. states, businesses must have at least 2 employees to offer a group health insurance policy. There is also a 70% participation requirement regardless of company size.
Q: Who is eligible for group insurance?
Companies have some discretion on which employees are eligible for insurance, but there are restrictions. For example, if an employer offers eligibility to one full-time employee, then they are required to offer eligibility to all full-time employees.
Employers are not always required to offer eligibility to part-time employees or dependents, but has the option to.
Q: Do Colorado employers have to provide health insurance?
Colorado requires that all businesses with more than 50 employees provide some form of qualified health insurance benefit. Businesses of this size who do not offer health insurance may face large tax penalties.
How Can I Lower My Small Business Health Insurance Costs?
If your small business is ready to add health insurance or health sharing to your employee benefits package, we can help. Our Personal Benefits Managers are well-versed in all the business health insurance requirements in Colorado, as well as the federal rules that need to be considered.
Your free small business health insurance benefit consultation is waiting; Click here to get started .
Christine Corsini is a health insurance and medical cost sharing expert, and a Personal Benefits Manager at ColoHealth . Her goal is to help people embrace life’s amazing possibilities by staying healthy, saving money, and making the best decisions when it comes to healthcare.
Message from Wiley Long President – ColoHealth
- Affordable Care Act (4)
- Aliera Healthcare Alternatives in Colorado (2)
- Colorado Health Care Sharing Ministries (2)
- Colorado Health Insurance (15)
- Colorado Special Enrollment Period (1)
- Direct Primary Care (4)
- Direct Primary Care Physician (1)
- Discount services (1)
- Finances (2)
- Get Health Insurance for 2021 (2)
- Health Care (11)
- Health Care Cost Sharing Plans (2)
- Health Care Reform (3)
- Health Insurance (33)
- Health Savings Accounts (10)
- Health Share Program (13)
- Health Sharing (15)
- Healthshare plans (16)
- HSA-qualified health plan (1)
- Kaiser vs. Anthem (1)
- Lifetime Income (1)
- Obamacare (2)
- Oneshare Health (2)
- Open Enrollment (4)
- Rocky Mountain Health Plans (1)
- telemedicine (1)
- Unemployment Benefit (1)
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- February 2022
- November 2021
- October 2021
- September 2021
- August 2021
- February 2021
- December 2020
- November 2020
- September 2020
- August 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
Small Business Health Insurance Plans for Colorado Employers
Your company's employees are the backbone of your small business, so choosing effective, sustainable health coverage for your business is our priority.
Your RMHP 2021 small business health plan continues to provide the quality health coverage you have come to expect from a health plan and includes these important benefits and features.
Prescription Drug Coverage
Our plans provide comprehensive prescription drug coverage. Employees can choose to pick up prescriptions from the neighborhood pharmacy or have prescriptions delivered to their home from our home delivery pharmacy, OptumRx
Our pharmacists are also available to review your employees' current medications and identify potential drug interactions or more cost-effective alternatives. To learn more, please contact us at 970-255-5677 or toll free 877-288-5773, or email us at [email protected] .
RMHP offers one of the largest provider networks in Colorado, with more than 20,000 doctors, specialists, and hospitals. When traveling outside of Colorado, some plans offer access to a nationwide network of providers and hospitals. Use our convenient online Provider Directory to find in-network doctors, hospitals, pharmacies, and other specialists in your area.
Find a provider
View additional provider directories
Our secure Member portal, MyRMHP, gives you the ability to access personalized benefit information, view claims and authorization status, opt in to receive electronic communications, print ID cards, find valuable health resources, and so much more.
Log in to MyRMHP
Doctor On Demand ®
With Doctor On Demand, Members can connect face-to-face with Board Certified doctors and therapists from a phone, tablet, or computer - at no cost on select plans. Get care when and where you need it with 24/7 video chat access.
Visit Doctor On Demand (Please note, by selecting this link, you will be leaving rmhp.org)
You have more insurance options for your health than you think, Colorado
If you’re self-employed or without insurance from your employer — in other words, you’re looking for individual or family health insurance in Colorado, we want to make you aware of the whole range of individual and family insurance products we have available in your state.
UnitedHealthcare Individual & Family ACA Marketplace plans in Colorado
Looking for health care plans on the Affordable Care Act (ACA) Marketplace? UnitedHealthcare Individual & Family ACA Marketplace plans offer affordable, reliable coverage options from UnitedHealthcare of Colorado, Inc.
As part of the American Rescue Plan Act of 2021 and Inflation Reduction Act of 2022 , many individuals and families are now eligible for lower — or in some cases $0 1, 2, 3 — monthly premiums for ACA Marketplace health coverage.
Call 1-800-273-8095 / TTY 711 to talk to a licensed insurance agent.
Already a member with a UnitedHealthcare Individual & Family ACA Marketplace plan? Sign in or call 1-877-265-9199 / TTY 711
If you live in a county outside of the Rocky Mountain Health Plans area on the map, you can call 1-844-joinUHC to learn more about your options.
Supplemental, dental and vision insurance in Colorado
Hospital & doctor insurance.
Health ProtectorGuard fixed indemnity insurance , 4 underwritten by Golden Rule Insurance Company, can supplement your major medical plan by paying cash for eligible, covered medical services, like a doctor visit, a trip to urgent care or a surgical procedure.
- No deductibles or copays to pay first
- Benefits paid regardless of other insurance
- Money to pay costs not covered by major medical plans, like a deductible
Colorado dental plans
Dental insurance plans, underwritten by Golden Rule Insurance Company, have no age limit restrictions. 5 They offer coverage for the dental services many medical insurance plans don’t include.
Colorado vision plans
Vision insurance plans, underwritten by Golden Rule Insurance Company, have no age limit restrictions. 5 They offer coverage for the vision services many medical insurance plans don’t include.
Accident & critical illness insurance
Accidental injuries and critical illness happen when you least expect them. Those unexpected expenses can strain any budget. Accident insurance 4 and critical illness insurance 4 can help by paying cash benefits for covered injuries or illnesses.
Browse coverage options in Colorado
From Denver to Colorado Springs, Aurora to Fort Collins, explore these Colorado health insurance options and more that may be available now.
Looking for other health plans?
- Small business plans
- Self-employed health insurance plans
- College student health insurance
Need help finding a plan?
Answer a few questions to see which insurance options may be available for you.
Health insurance for individuals who are 65 or older , or those under 65 who may qualify because of a disability or another special situation.
Call 1-844-232-1426 to learn more.
We offer low cost or no cost health insurance plans for those with limited incomes.
- Search Search Search …
- Search Search …
Health First Colorado (Colorado's Medicaid program)
More coloradans now qualify for health first colorado coverage..
Coloradans have more options in health care thanks to the federal affordable care act..
Colorado's marketplace makes private health insurance more affordable..
Health First Colorado (Colorado's Medicaid Program)
I am an employer. What do I need to know?
The Affordable Care Act contains benefits and responsibilities for employers. The size and structure of your workforce – small, large, or part of a group – helps determine what applies to you. However, if you have no employees, the following information does not apply to you.
Small employers — generally those with fewer than 50 full-time employees — may be eligible for credits and other benefits. If you run a small business, you have the option of buying health insurance for your employees through the Connect for Health Colorado Marketplace . Just like individual insurance, the group plans offered there may qualify for federal subsidies to reduce their cost. You can also take advantage of the many Assistance Sites throughout Colorado. Find out more .
A large employer has 50 or more full-time employees or equivalents. Find out more .
Finally, you may want to consult the health care resources offered by the Small Business Administration . There you can learn about how the Affordable Care Act affects businesses of all sizes.
How do I know if I am a small or large employer? Why does it matter?
An employer’s size is determined by the number of its employees. Employer benefits, opportunities and requirements are dependent upon the employer’s size and the applicable rules. Generally, an employer with 50 or more full-time employees or equivalents will be considered a large employer.
- Fewer than 25 full-time equivalent employees may be eligible for a Small Business Health Care Tax Credit to help cover the cost of providing coverage.
- Generally 50 or fewer employees may be eligible to buy coverage through the Small Business Health Options Program (SHOP). In Colorado, this coverage can be purchased through the Connect for Health Colorado Marketplace .
- 50 or more full-time equivalent employees will need to file an annual information return reporting whether and what health insurance they offered employees.
For more information and guidance from the IRS visit IRS.gov/ACA .
Colorado Small Business Health Insurance Plans 2023
Or call for your free quote:
Get the best CO small business health insurance plans quotes & info on cost, coverage, deductibles, network, the Affordable Care Act (Obamacare) & more.
- General Liability Insurance
- Health Insurance
- Colorado Small Business Health Insurance Plans
CO Small Business Health Insurance Plans
Colorado Small Business Health Insurance Plans 2023 . The following is an overview of the rules that govern small group health insurance plans in the State of Colorado.
The information that is discussed below includes the laws that have been mandated by the Affordable Care Act (ACA or "Obamacare"), as well as the laws that are required by Colorado State government.
If you own and operate a CO small business and you already offer small group health insurance or you're thinking about offering small group health insurance - this guide can help you better understand the regulations, requirements and available Colorado small business health insurance plans available.
Learn how to get Colorado small business health insurance plans for 1 to 50 employees. The best small business health insurance providers in CO offer affordable rates, flexible coverage options and access to a large network of medical providers.
Below are some answers to commonly asked CO small business health insurance plan questions:
How Much Does Colorado Small Business Health Insurance Cost?
What are the small business health insurance regulations in colorado, does colorado participate in the affordable care act, what are the affordable care act requirements for colorado small businesses.
- How Are CO Health Insurance Premiums Are Determined?
What Types Of Health Insurance Plans Are Available For Colorado Small Businesses?
The average price of a standard Colorado small business health insurance policy ranges from around $583 to over $1706 per employee per month based on; single or family, location, coverages offered, deductibles and more.
While there is no state law that requires employers to offer group health insurance to their employers in the State of Colorado, the majority of employers do offer their employees this benefit. All health insurance companies are required to follow the guidelines that have been established by the Federal government under the Affordable Care Act, as well as the state of Colorado.
Health insurance companies that are based in Colorado are required to sell small group health insurance policies to all small business owners. Furthermore, there are two small business health plans that have been standardized by the state that Colorado health insurance companies must offer.
Moreover, small businesses that employ more than 2 but have fewer than 50 workers must be offered the same small group health insurance policies that are sold to other small business owners.
If you qualify, your business must meet the minimum participation requirements that have been set forth by your Colorado health insurance company. If you don't meet the minimum level of participation that your health insurance company requires, your policy could be terminated.
In Colorado, health insurance companies can charge higher premiums for Colorado small business health insurance plans due to the age, family size, and geographic location of the group; however, higher premiums cannot be charged as a result of the health status of the group.
Lastly, like individual health insurance plans, illness cannot be used as a ground for terminating small business health insurance policies.
According to Colorado Division of Insurance , in 2014, due to the Affordable Care Act (ACA), health insurance plans were required to offer more comprehensive coverage in compliance with new federal requirements.
These minimum set of benefits and services, called Essential Health Benefits or EHBs, must be included in health plans. Plans can include more benefits than those listed and costs for the services can vary from plan to plan.
In 2010, the Affordable Care Act (ACA or "ObamaCare") was passed by the United States Congress and was signed into law by Obama. Following its passage, provisions of the law have continued to be phased in, and as of January 1, 2014, the majority of American citizens and legal residents of the United States are required, by law, to have qualifying health care coverage.
If they fail to have coverage, they are responsible for paying an annual tax penalty for each month they aren't insured, which is known as the "individual mandate".
The cost of the penalty for failure to have qualifying coverage is $95 per adult and $47.50 per child, or 1% of your total taxable income; whichever amount is higher - as much as $285 per family. In 2017, the penalty increased, and has continued to increase thereafter.
Qualifying Exemptions For The Individual Mandate
Individuals who meet one of the following are exempt from the individual mandate and the associated tax penalties in CO:
- Illegal aliens
- Jailed individuals
- Religious objections
- The cost of health insurance coverage is higher than 8% of your household income
- Those who aren't covered for less than three months during the calendar year
- Those who have hardship waivers
- Your income level is blow the 100% poverty level
If you're a small business owner in Colorado, you must provide your employees with insurance. This is a requirement that was put into place by the Affordable Care Act.
Referred to as the Employer Shared Responsibility provision, all employers must offer their employees at least one of the ACA-compliant Colorado small business health insurance plans, otherwise then can face fines of up to $2,000 per employee.
Colorado small business owners can purchase coverage for their employees through the state's Small Health Option Program (SHOP) exchange, or from a private insurance agent or broker.
Affordable Care Act Standardized Essential Health Benefits
As per the ACA, all qualifying health insurance plans must offer 10 standardized essential benefits.
Depending on the state, additional benefits may also be required. The 10 ACA standardized essential benefits are as follows:
- Ambulatory patient services (medical care that is offered without being admitted to a hospital)
- Emergency services
- Hospitalizations, such as overnight stays and surgical procedures
- Lab services
- Mental health and substance abuse disorder services, including behavioral health treatments, such as psychotherapy and counseling
- Pediatric health care services, including vision and oral care; however, adult vision and dental coverage aren't essential health benefits under ACA
- Pregnancy, maternity, and newborn care, including before and after birth
- Prescription pharmaceuticals
- Preventative and wellness services, as well as management for chronic diseases
- Rehabilitative and habilitative services and devices, including services and devices for injuries, disabilities, and chronic health conditions
Additional Health Benefits Mandated In Colorado
In addition to the 10 essential standardized benefits, Colorado law requires health insurance policies to offer the following benefits. These additional benefits include:
- Clinical trials for individual and group plans
- Congenital anomaly, including cleft lip/palate, for individual and group plans
- Diabetes care management for individual, small, and large group plans
- Durable medical equipment, including prosthetic devices, for individual and group plans
- Off-label prescription pharmaceuticals for cancer for individual and group plans
- Other prescription pharmaceuticals, including oral anti-cancer medications, for individual and large group plans
- Reconstructive surgery, including mastectomy coverage, for individual, small, and large group plans
- Rehabilitative occupational, speech, and physical therapy, including congenital defects and birth abnormalities, for individual and group plans
Standardized Colorado Small Business Health Insurance Plans
In order to make it easier to compare costs and benefits, the Affordable Care Act has designated all qualifying Colorado small business health insurance plans to be one of four metal colors, including Bronze, Silver, Gold, and Platinum.
Each of these designations is based on the average amount of health care costs that the plan will cover, which is illustrates at percentages of how much the insurance company will cover for health care, as well as the amount the insured will have to pay out-of-pocket.
All insurance companies that are participating in the federal or state health care exchange program must offer at least the Silver and Gold Colorado small business health insurance plans.
All four of the metal plans have a shared maximum out-of-pocked amount that the insured can be charged during any calendar year. The following table illustrates this information:
As per the ACA, individuals cannot be denied coverage or charged higher premiums because of their past health history, or their gender.
Additionally, look-back and waiting periods cannot be imposed. Additionally, policies are effective when they are issued and all coverage is renewable if the individual chooses to renew the policy.
However, plans can be canceled if the individual fails to pay their premiums or commits fraud.
How Are CO Health Insurance Premiums Determined?
A premium is the amount the insured must pay out-of-pocket in order to maintain their health insurance policy. The premiums that are charged for any of the qualifying metal plans can be based on the following:
- Age of the individual
- Whether or not the individual uses tobacco
- Where the individual lives, based on a rating area
- The number of family members who will be enrolling
While there are several types of health insurance plans to choose from, the following plans are the most popular among CO small business owners:
Health Maintenance Organization - Simply known as an "HMO", this type of plan offers a variety of health-related services via a network of health care providers and hospitals that exclusively contract with the HMO, or who agree to offer their services to members of the HMO. Employees who participate in this type of plan usually have to choose a primary care physician (PCP), and receive most of their care from this physician. If a specialist is needed, the PCP will recommend one that is affiliated with the HMO.
Preferred Provider Organization - More commonly referred to simply as "PPO", this type of health insurance plan is the most common among Colorado small business owners. The insurance company provides a preferred list of health care providers, and employees must receive their medical care from the doctors and hospitals on that list for their claims to be paid at the highest level possible - but they also have the flexibility to see any other provider anywhere in or out of state.
Point-of-Service Plan - Known as a (POS), this type of health insurance plan provides access to health care services at a lower overall cost, but with fewer choices. Members can access care from in-network or out-of-network providers and facilities, but coverage is better when you stay in-network. POS plans may vary, but generally, plans are considered a blend of HMO and PPO plans - offering more flexibility than HMOs, but less than PPOs.
Health Savings Account - A health savings account (HSA) is a special type of bank account that allows participants in the insurance plan to save money that can be used specifically for the medical care they require in the future. HSA-qualified health insurance plans are usually PPO plans that are specifically designed to be used with an HSA.
Indemnity Health Insurance - This type of health insurance plan allows members to control their own health care and to visit any doctor or hospital they choose. The insurance company would then pay a pre-determined percentage of the total charges for the services that were rendered. Employees may have to pay for some types of services up-front and then they can submit a request for reimbursement with the insurance company.
Colorado Small Business Health Insurance Plans - The Bottom Line
We strongly advise business owners to speak with a CPA and a CO health insurance broker before jumping in and getting any type of the Colorado small business health insurance plans available.
Make sure that you know exactly what each option can do for your company and the potential drawbacks associated with it.
Request a free Colorado small business health insurance plans quote in these other CO cities: Akron, Alamosa, Arvada, Aspen, Ault, Aurora, Avon, Basalt, Bayfield, Bennett, Berthoud, Boulder, Breckenridge, Brighton, Broomfield, Brush, Buena Vista, Burlington, Carbondale, Castle Pines North, Castle Rock, Cañon City, Cedaredge, Centennial, Center, Cherry Hills Village, Colorado Springs , Columbine Valley, Commerce City, Cortez, Craig, Crested Butte, Cripple Creek, Dacono, Del Norte, Delta, Denver , Durango, Eagle, Eaton, Edgewater, Elizabeth, Englewood, Erie, Estes Park, Evans, Federal Heights, Firestone, Florence, Fort Collins, Fort Lupton, Fort Morgan, Fountain, Fowler, Fraser, Frederick, Frisco, Fruita, Georgetown, Gilcrest, Glendale, Glenwood Springs, Golden, Granby, Grand Junction, Greeley, Greenwood Village, Gunnison, Gypsum, Hayden, Holyoke, Hudson, Idaho Springs, Johnstown, Julesburg, Keenesburg, Kersey, Kremmling, La Junta, La Salle, Lafayette, Lakewood, Lamar, Las Animas, Leadville, Limon, Littleton, Lochbuie, Lone Tree, Longmont, Louisville, Loveland, Lyons, Mancos, Manitou Springs, Mead, Meeker, Milliken, Minturn, Monte Vista, Montrose, Monument, Mountain Village, Nederland, New Castle, Northglenn, Olathe, Orchard City, Ordway, Ouray, Pagosa Springs, Palisade, Palmer Lake, Paonia, Parachute, Parker, Platteville, Pueblo, Rangely, Rifle, Rocky Ford, Salida, Severance, Sheridan, Silt, Silverthorne, Snowmass Village, Springfield, Steamboat Springs, Sterling, Superior, Telluride, Thornton, Trinidad, Vail, Walsenburg, Wellington, Westminster, Wheat Ridge, Windsor, Woodland Park, Wray, Yuma and all other CO cities & Colorado counties near me in The Centennial State.
Learn about Colorado small business insurance requirements for general liability, business property, commercial auto & workers compensation including CO business insurance costs. Call us (720) 500-2051 .
Small Business Health Insurance Plans By State
You can find more state specific small business health insurance information including requirments and coverage by clicking on the state below:
- North Carolina
- New Hampshire
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- Washington D.C.
- West Virginia
- Affiliate Program
- Commercial Insurance Leads
- Our Reviews
- Insurer Reviews
- Personal Insurance
- Specialty Insurance
- NAICS Codes
- Frequently Asked Questions
- Small Business Insurance FAQs
- Terms & Definitions
- Insurance Articles
- Compare Policies
- How Much Does General Liability Insurance Cost?
- How Much Does Workers Comp Insurance Cost?
- 3 Best Small Business Insurance Companies
- AL , AR , AZ , CA , CO , CT , DC , DE , FL , GA , ID , IA , IL , IN , KS , KY , LA , MA , MD , ME , MI , MN , MO , MS , MT , NC , ND , NE , NV , NH , NJ , NM , NY , OH , OK , OR , PA , RI , SC , SD , TN , TX , UT , VA , VT , WA , WI , WV & WY
- AK & HI
- Terms of Service
Your One-Stop Shop for Colorado Small Business Group Health Insurance
Small Business Plans Start as low as $125.00/mo.
You work hard, let us do the heavy lifting for you!
If you need help related to your health insurance or employee benefits, we are always available to help via email, phone or text.
Lowest Price Guaranteed
Health insurance prices are standardized by law. No insurance company, agency or broker will have lower prices than we do.
No Agenda Service
The right solution matters. We will help you quickly identify the right health insurance plan for your business and your budget.
"Whether you are looking for the lowest price or a robust benefits package to attract and retain the best employees, we have the right solution for you."
Need expert guidance on group health insurance and other benefits?
Talk to a Local Agent
Affordable Colorado group health insurance options.
Managing employee benefits can be tough for business owners, especially health insurance. But don't worry, our team can help you choose the perfect plan based on your budget and employee needs. We believe every business deserves affordable, high-quality health insurance.
Let us assist you so you can focus on running your business.
Self Funded Plans
Self funded plans are a game-changer for small employers. If your employees are generally healthy, you can enjoy lower monthly premium rates compared to traditional major carrier plans. Moreover, if employee claims are minimal at the end of the year, you could be eligible for a partial refund on premiums paid. To enroll in this plan, your employees will be asked to fill out a secure and confidential health questionnaire. Pricing will depend on your group's overall health.
With self funded a.k.a. level funded plans, you can take advantage of the "reference-based pricing," option, which allows insured individuals to visit any doctor or healthcare facility without any network restrictions, thereby reducing premium costs even further. If you're interested in learning more about this plan and maximizing its cost-saving benefits, Benefits 4Business offers complimentary consultations to help you get started.
Are high premiums for group health plans taking a toll on your small business? You may want to look into an Individual Coverage H.R.A. instead. With an I.C.H.R.A., you can reimburse your employees for their individual health insurance plans without having the burden of paying 50% of the premium, which is required in group plans.
There's no minimum employee participation requirement, which makes implementing the plan easier for small businesses. You also have the flexibility to reimburse different amounts to different employee groups. The reimbursement is not taxable for either party and is not subject to employee tax. This means that both you and your employees can save money on
healthcare costs. Additionally, with dozens of individual plan options available,
your employees can choose a plan that suits them best.
While modest software service fees and the lack of PPO network access could be concerns for some employers, the affordability of an I.C.H.R.A. is a major advantage. The unparalleled flexibility offered by this option may be the perfect way to meet your businesses needs.
If you're interested in knowing more about the benefits of an Individual Coverage H.R.A., we'd be happy to discuss them with you and answer any questions you may have.
Small Business Tax Credit
Colorado offers a tax credit program that can significantly reduce your group health insurance expenses. This program can potentially cover up to half of your health insurance costs
(35% for non-profits), which translates to significant savings for your business.
To qualify for this program, your business must have 25 or fewer full-time equivalent employees, with an average annual wage of less than $56K. Additionally, you must be paying at least 50% of the group plan premium. The amount of tax credit you'll receive depends on the number of employees you have and their earnings. In other words, if your employees earn less,
you'll receive more tax credits.
It's important to note that this tax credit is exclusively available for small group health plans provided by Kaiser Permanente in Colorado. Our team is here to help you determine your eligibility for this program. So don't miss out on this opportunity to save money on your group health insurance costs for two years. Contact us today, and let's get started!
M.E.C. plans are ACA-compliant health insurance plans. These inexpensive plans offer preventative services that provide a zero-dollar co-pay and are covered 100%. For many medical visits, these plans have low co-pays. They include primary care, specialists,
urgent care, and emergency room.
These plans utilize the First Health Network, owned by Aetna | Coventry, and is a national network with some of the deepest discounts in the medical field. Contact us today to find out more about plan specifics and pricing. They offer unlimited telehealth and an RX discount program. It's important to note that thee plans do not include catastrophic coverage. This plan is typically a good solution for a company with a young staff of part-time employees.
Minimum Essential Coverage
Major Carrier Plans
Group health plans from the major carriers in Colorado generally offer the best combination of benefits and provider networks. PPO and EPO networks are available. On the Silver metal tier plans and above, the plans have excellent benefits across the board, including RX, Acupuncture, Chiropractic, Co-pay, Labs and others.
If attracting and retaining the top talent in your industry is your primary focus then a major carrier plan on the Silver tier or above will give you the competitive advantage you need. Dental and vision benefits are also available and we would love to help you put your small business over the top with a quality employee benefits package.
No Pressure, Professional Service
Our experts have you covered with the best software for managing your small businesses health insurance with powerful H.R. solutions.
to robust, powerfully integrated solutions for more complex businesses.
From easy to use, money saving solutions for small businesses...
Enjoy streamlined onboarding and fully integrated features including PEO, payroll, PTO, time tracking, compliance, apps and more.
Benefits administration software is an optional compliment to a group health insurance plan that is an affordable way to help your small businesses save time and money when it comes to annual plan enrollment and tracking benefits.
We provide transparent information, so you know what to expect. Here are 7 important things to know.
Do small businesses in Colorado have to provide health insurance?
Small businesses with fewer than 50 full time employees are not legally required to provide health insurance benefits.
How many employees does a small business need to qualify for group health insurance in Colorado?
At a minimum you need two employees. This includes the owner and one other employee that meets the minimum hours worked per week requirement of the health insurance carrier, which is usually between 24 to 30 hours per week.
Do I get access to an online portal to manage my small business's health insurance plan?
All of the carriers we represent offer their own online portal and many also offer an app for employees to access their insurance card and track medial expense information, including things like deductible paid ytd, co-pays, benefits, etc. For companies that need a robust benefits management system to streamline enrollment and compliance tracking we offer solutions like Rippling, which is also a premier Human Resources Management software.
Do I have to offer C.O.B.R.A. to my former employees?
Colorado has what is known as a "mini C.O.B.R.A. law." Small businesses of any size must send written notice to the employee of their right to continue coverage within 10 days of termination. The notice must include the monthly payment amount, payment instructions, and the consequences of non-payment. Termination due to gross misconduct forfeits inclusion for businesses with fewer than 20 employees. Coverage continues for 18 months or until the former employee becomes eligible for coverage through a new employer. For employers with more than 20 employees Federal C.O.B.R.A. laws apply. We offer full support.
How long does it take to set up a group health insurance plan?
The entire process generally takes two weeks. Here is a quick breakdown of the process: Your company will have to fill out an employer app for any group plan. This app collects basic information on your small business. Your employees will also each have to fill out an employee app or waiver, if they are declining insurance through your business. The initial premium payment is paid via EFT and will bind the policy, At this time you will be sent information via email and regular mail providing your employees plan information and insurance cards.
What IRS forms do I need to file?
There are some tax forms your business will need when filing with the IRS. If you have a CPA that prepares your businesses taxes, they will know what to file. If you are doing your businesses income taxes on your own, make sure you familiarize yourself with the information on the I.R.S. employers webpage.
How long does it take to get plan and pricing information?
We can turnaround accurate quotations in 24 hours or less, often within a few hours. We will need to collect basic information on your employees and business in order to get your quotations started. Self-funded plans take longer because they require employees to complete a confidential health questionnaire and are quoted through underwriting.
If you would more detailed information, please visit our comprehensive FAQ's page.
"At Benefits 4Business we're not just an insurance agency. We're in the business of forging strong, lasting relationships."
- Platform Demo
- Our Pricing
- What is an HRA?
- What is an Integrated HRA?
- What is an ICHRA?
- What is a QSEHRA?
- What are employee stipends?
- Referral program
- Refer a client
Colorado Small Business Health Insurance Information
The purpose of this guide is to provide a general overview of colorado small business health insurance. the guide reviews small business health insurance options for colorado small businesses..
Building a successful business is hard work. Finding affordable small business health insurance doesn’t have to be. All small businesses face special challenges when it comes to finding and getting health insurance coverage. Luckily, recent health care reform legislation provides small businesses with special opportunities to secure affordable health insurance.
Colorado Core Small Business Health Insurance Options
When evaluating your small business health insurance options in Colorado, you should immediately compare the costs and benefits of the following three options:
Offering Traditional Small Business Health Insurance Coverage,
Offering a Defined Contribution Health Plan that Reimburses Employees for Individual Health Insurance Coverage, and
Colorado Small Business Health Insurance Overview
There are two primary categories of health insurance for small businesses to choose from:
Individual health insurance,
Group health insurance.
1) Individual Health Insurance
Individual health insurance plans are health insurance plans purchased by individuals to cover themselves or their families. Anyone can apply for individual health insurance. Small business owners who can’t offer group coverage due minimum contribution (or minimum participation) requirements typically purchase individual and family plans for themselves and their families. In 2014, insurance companies will no longer be able to decline individuals for individual health insurance based on a pre-existing medical condition. Also, starting in 2014, there are new special tax incentives available to businesses and employees when employees purchase individual health insurance. In some cases, self-employed persons who purchase their own health insurance may be able to deduct the cost of their monthly premiums. When small businesses decide on the individual health insurance route, they often create a "Pure" Defined Contribution Health Plan to reimburse employees tax-free for individual premiums .
2) Group Health Insurance
Group health insurance plans are a form of employer-sponsored health coverage. Costs are typically shared between the employer and the employee, and coverage may also be extended to dependents. In certain states, self-employed persons without other employees may qualify for group health insurance plans.
Four Types of Colorado Small Business Health Insurance Plans
Whether you’re looking at individual health insurance or group health insurance, there are several different types of health plans available. The four you should absolutely know are:
PPO Health Insurance Plans,
HMO Health Insurance Plans,
HSA-Qualified Health Insurance Plans, and
Indemnity Health Insurance Plans.
The plan type that is best for you and your employees depends on what you and your employees want, and how much you are willing to spend. Here’s a brief review of the four popular types of health insurance plans:
1) PPO Health Insurance Plans
PPO or “Preferred Provider Organization” plans are the most common. Employees covered under a PPO plan need to get their medical care from doctors or hospitals on the insurance company’s list of preferred providers in order for claims to be paid at the highest level.
2) HMO Health Insurance Plans
HMO stands for “Health Maintenance Organization.” HMO plans offer a wide range of health care services through a network of providers that contract exclusively with the HMO, or who agree to provide services to members. Employees participating in HMO plans will typically need to select a primary care physician (“PCP”) to provide most of their health care and refer them on to HMO specialists as needed.
3) HSA-Qualified Health Insurance Plans
HSA-qualified plans are typically PPO plans designed specifically for use with Health Savings Accounts (HSAs). An HSA is a special bank account that allows participants to save money – pre-tax – to be used specifically for medical expenses in the future. Section 105 Healthcare Reimbursement Plans (HRPs) are often used in place of HSAs due to their advantages for employers.
4) Indemnity Health Insurance Plans
Indemnity plans allow members to direct their own health care and generally visit any doctor or hospital. The insurance company then pays a set portion of the total charges. Employees may be required to pay for some services up front and then apply to the insurance company for reimbursement.
Colorado Small Business Resources*
Colorado Health Insurance Coverage:
Group Plans: There is a maximum 6-month look-back/12-month exclusionary period for pre-existing conditions on enrollees that do not have prior coverage. Benefits will vary depending on the chosen plan. Pre-existing health conditions covered.
Individual Plans: Assorted plans depending on medical needs. There is a maximum look-back period of 60 months and a maximum exclusion period of 24 months for pre-existing conditions on enrollees that do not have prior coverage. Elimination riders are permitted . Limits on pre-existing health conditions may apply.
COBRA: Coverage available for 18-36 months depending on qualifying events. Benefits are what you had with your previous employer. Pre-existing health conditions covered.
HIPAA: Benefits are based on program selected. There is no expiration of coverage. Pre-existing health conditions covered.
HIPAA: Premium assistance that pays employer-sponsored health insurance or Cobra premium available. Pre existing health conditions covered.
Colorado Health Insurance Eligibility:
Group Plans: Guaranteed coverage for companies with 2-50 employees. Eligible employees must work at least 30 hours a week. Owner can count as an employee. Owner name on business license must draw wages from the company.
Individual Plans: Eligibility is subject to medical underwriting. If you are denied coverage for a medical condition, you may be eligible for AHIP, or PCIP.
COBRA: Guaranteed coverage available for employees who work for businesses with 20 or more employees. Employees have 60 days from date of termination to sign-up.
HIPAA: Must have had 18 months of continuous coverage and completely exhausted Cobra or state continuation coverage. Must not have lost coverage due to fraud or non-payment of premiums. You have 63 days to enroll.
HIPAA: Must qualify for Medicaid and have access to Employer-Sponsored Insurance or Cobra.
Colorado Health Insurance Monthly Cost:
Group Plans: Costs depend on employer contribution and the + 20% of the Insurance company’s Index rate.
Individual Plans: Costs for Individual coverage vary. There are no rate caps.
COBRA: Costs vary between 102% to 150% of group health rates.
HIPAA: Premiums will depend on plan chosen.
HIPAA: Reimburses the full employer-sponsored insurance premium amount by check monthly. Pays the insurance company directly for people on COBRA or eligible small businesses.
Colorado: Average “Single” Premium per Enrolled Employee for Employer-Based Health Insurance, 2011*
Colorado: Average “Family” Premium per Enrolled Employee for Employer-Based Health Insurance, 2011*
Colorado: Average “Employee-Plus-One” Premium per Enrolled Employee for Employer-Based Health Insurance, 2011*
Colorado: Average Per Person Monthly Premiums in the Individual Market, 2010*
Small Business Health Insurance Reform
Are you ready for health care reform ("ACA") in 2014?
Today, employers are more stressed than ever. Here’s why:
The business environment is uncertain,
Employer-sponsored health insurance costs increase annually, and
New fees and penalties take effect next year, and most employers don’t fully understand how this will affect their financials.
It is time for employers to examine the specifics of healthcare reform, and start thinking strategically vs. emotionally. Change is hard. However, employers that educate themselves and plan ahead can avoid severe financial impacts.
The more change and disruption your business can embrace, the more cost savings (for both the company and your employees) you will be able to realize over the long term. In order to embrace this change, you must be familiar with the key aspects of ACA. For many small businesses, the solution to healthcare reform is simple: Offer a “Business Expense Account” for Healthcare. A new vehicle, called a Healthcare Reimbursement Plan (HRP), allows employers to get out of the health insurance business, and simply give select employees monthly allowances to spend on their own health insurance policy in a state health insurance exchange.
Listed below are key ACA components to consider when choosing small business health insurance.
Individual Health Insurance Tax Subsidies
Beginning 2014, individuals will have access to tax subsidies to buy private health insurance through the public exchange. These subsidies will be for those who enroll in a silver plan through the exchange. The subsidy caps the cost of individual health insurance at 2% - 9.5% of their household income if their household income is less than 400% above the federal poverty line. This equates to roughly $90,000 per year for a family of four.
Click here for more information on the premium subsidies.
Individual Health Insurance Tax Penalties
The Individual Mandate requires most individuals to purchase health insurance, or else pay a penalty on their tax return each year. The intention of the individual penalty is to reduce the "Free Riding" effect in the health insurance market (a free rider is someone who is healthy and does not purchase health insurance until they need it.
Click here for more information on individual tax penalties.
Small Business Health Insurance Tax Credits
Small businesses with up to 25 full-time equivalent employees may qualify for a tax credit for offering employee health benefits. The credit is broken in to two phases. Phase 1 (2010-2013) includes a tax credit worth up to 35% of a small business’s health insurance costs. Phase 2 (2014 and beyond) includes a tax credit up to 50% of a small business’s health insurance costs.
Click here for more information the tax credits.
Small Business Health Insurance Tax Penalties
Starting January 1, 2015, Employers with 50 or more full-time equivalents who do not offer minimum essential coverage can face monthly penalties if at least one employee uses a premium tax credit to obtain health insurance through the state health exchange. If you do not have more than 50 employees, you are not subject to these penalties.
Click here for more information on the business tax penalty.
The Future of Small Business Health Insurance - Defined Contribution Plans
Defined Contribution Plans allow employers to offer health benefits without offering a traditional group health insurance plan. Instead of paying costs for a specific group health plan, employers allocate tax-deductible monthly allowances for their employees to spend on private health insurance and other medical expenses tax-free.
Features of defined contribution plans include the following:
Employee Choice – employees choose a health insurance plan that best fits their needs.
Fixed Cost – employers control health care costs by allocating fixed monthly allowances for their employees.
Savings – employers using Defined Contribution Plans typically cost less than group health plans which results in saving for both the employer and employee.
Next Steps – Evaluate Your 3 Core Options
Immediately compare the costs and benefits of the following three options:
Offering a Defined Contribution Health Plan that Reimburses Employees for Individual Health Insurance Coverage, and
- PeopleKeep News
- Case Studies
- Applicable Large Employers
- Nonprofit Employers
- Multi-State Employers
- Resource Library
- QSEHRA Annual Report
- ICHRA Annual Report
- QSEHRA Report on Nonprofits
- Eligible Expense Tool
- Guide to QSEHRA
- HRA comparison chart
3267 E. 3300 S., #526, Salt Lake City, UT 84109
- About Colorado Health Insurance Brokers
- Career Opportunities
- Tips to Save Time & Money
- Business Health Insurance
- Business Health Insurance Quotes
- Employers & Affordable Care Act Requirements
- Employer Self Insured Plans
- HR & C-Suite Support Services
- HRA Options For Paying For Benefits
- Self Employed & Group of One
- TeleHealth Services
- Health Plans for Singles
- Family Plans
- Child Only Plans
- Early Retiree Plans
- Medicare Plans
- Dental Insurance
- Vision Insurance
- Life Insurance
- Medicare Supplements
- Medicare Enrollment Periods
- HSA Overview
- HSA Qualified Health Plans
- HSA Qualified Expenses
- HSA Questions & Answers
- Affordable Care Act 101
- Special Enrollment Periods
- Are You Eligible for a Subsidy?
- Affordable Employer Plans
- Get Covered Step By Step
- Questions and Answers
- Affordable Care Act for Employers
- Anthem BC/BS
- Bright Healthcare
- Elevate By Denver Health
- Friday Health
- Kaiser Permanente
- Rocky Mtn Health Plans
- United Healthcare
- Employer Benefits
- Individual & Family Plans
- Medicare Supplement Plans
Self Employed & Small Business Health Insurance in Colorado
If your business has 2 or more employees and would like a group health insurance quote visit our group health insurance section . Small group health plans let the employer help subsidize the cost of the health insurance providing an important benefit to help your company attract and retain the best employees.
Colorado Health Insurance Brokers also specializes in working with the self employed and small businesses that do not have group health insurance benefits and are looking for individual plan coverage.
As an independent broker we’ll look at plans from the major insurance providers to find an individual plan that provides the benefits you’re looking for and at a price that’s within your budget. Get a free group of one health insurance quote .
With the advent of Health Savings Account (HSA’s), along with major medical and comprehensive plans there are a myriad of choices available, each with their own advantages in certain situations. We’ll help you find the right health insurance plan for your specific needs.
Save Time & Money
- Expert Quote Recommendations
- Free Preventative Care
- Health Insurance for Businesses
- Health Insurance for Families
- Health Insurance for Individuals
- Health Insurance for Kids
- Health Insurance for Self Employed
- Instant Online Quotes
- Navigating ObamaCare
- Public Assistance Resources
- Supplemental Accident Plans
- Supplemental Metal Gap
- Tips to Save Time & Money
- For Business
- For Self or Family
- HSA's – Health Savings Accounts
- Online Quotes
- Web Site Map
Top Health Insurance Companies in Colorado
- Anthem Blue Cross Blue Shield
- Cigna Health Insurance
- Elevate by Denver Health
- Humana Health Insurance
- Kaiser Permanente Health Insurance
- Rocky Mountain Health Plans
- UnitedHealthOne – Golden Rule
Health Insurance News
- Making Your Company A Talent Magnet
- Outreach By Colorado Businesses Needed To Help Employees Impacted By Medicaid Loss
- SelectHealth: SCL & UC Health Combined
- End of COVID Emergency Means Big Changes for 315,000 Coloradans
- Open Enrollment Ends January 15th
- Open Enrollment For Individual/Family Plans Continues for 2023
- “Family Glitch” Fixed In Time For 2023 Open Enrollment
Home – About Us – Site Map – For Business – For Self or Family – HSAs – Medicare – Careers – News Feed – Online Quotes
Affordable Health Insurance For Individuals, The Self Employed and their Families
T (303)-541-9533 Email: [email protected]
Colorado Health Insurance Agent 400 McCaslin Blvd #109 Louisville, CO 80027
- GET A QUOTE
- ACCIDENT INS.
- Health Life Insurance Brokers Denver
- Life Insurance
Group Health Insurance
- Specialized Insurance
- SCREEN SHARE
GUIDE FOR BUYING A GROUP HEALTH INSURANCE DENVER
Small business health insurance in Colorado is usually offered by many different types of organizations- companies, banks, residential housing societies, business groups, and other different types of organizations. The companies usually bear the cost of the premium. Availability of a group health insurance in Colorado is essential because of the increasing lifestyle-related illnesses or problems that are becoming common with every passing year; offering a group health insurance in Boulder aims to increase employees' loyalty towards the company.
Health Insurance Denver
Group health insurance denver:, what are the various different group health insurance denver plans offered.
Offering group health insurance Denver plans increases employee loyalty to the company. It would be best if you understood how this insurance plan works, and there are many resolutions to small business health insurance brokers Denver will help you with group health insurance. In addition, Colorado helps in saving on insurance costs by offering a packaged policy in bulk.
We are Ranked No. 1 Health Insurance brokers for small businesses:
- BOOMERS & UP
- SMALL BUSINESS
- INDIVIDUALS & FAMILIES
Baby Boomers are the generation starting to retire from the workforce now. They tend to view healthcare more traditionally. They want everything related to their healthcare to be in one place, whether for a doctor’s visit, lab work that needs completing, or any other medical services they need with health insurance brokers for small businesses.
When it comes to them choosing a health insurance plan, they rely heavily on word-of-mouth recommendations. If they hear that someone prefers one plan compared to another, they’ll be more likely to choose the plan better received by their friends and coworkers because they may potentially have more healthcare problems in the future. Group health insurance Denver will be there to help you through this tricky transition.
WE ARE NO.1 HEALTH INSURANCE SELLER IN DENVER
- BOOMERS & UP
- INDIVIDUALS & FAMILIES
Baby Boomers are the generation starting to retire from the workforce now. They tend to view healthcare more traditionally. They want everything related to their healthcare to be in one place, whether it’s for a doctor’s visit, lab work that needs completing, or any other medical services they need.
When it comes to them choosing a health insurance plan, they rely heavily on word-of-mouth recommendations. If they hear that someone prefers one plan compared to another, they’ll be more likely to choose the plan better received by their friends and coworkers. Because they may potentially have more healthcare problems in the future. Group health insurance broker will be there to help you through this tricky transition.
In Colorado, health insurance brokers advise every small business owner that they need health insurance to make sure you’re protected against all the different types of risks your business faces. There are many good reasons for small businesses In Colorado to sponsor small group health insurance plans.
Group Health insurance brokers give information about Individual Health Insurance plan as a type of health insurance that covers the health expenses of an insured individual. These policies pay for surgical and hospitalization expenses of an insured individual till the cover limit is reached. If a person wants to buy health insurance for his entire family in a single plan, then he should go for a Family Floater Policy. Any family member covered under the policy can claim in case of hospitalization and surgical expenses. The premium for the family floater policy is determined based on the age of the eldest member under the coverage of the policy.
People of all ages are starting businesses and hopefully struggling with the demands of early success. Talented people may be scarce and you may need to offer benefit packages to attract the best employees. From comprehensive medical plans for you and your employees to affordable benefit packages that can lower financial risks for all employees.
Our small business health insurance plans give your team access to the right doctors, benefits, tools, and support to simplify their health journey and help keep your business running. Plans are for businesses with 2 to 50 employees (2 to 100 in CA, CO, and NY, and 1 to 50 in ME).
Find the right Colorado small business health plan for your business. We can tailor a solution that meets the needs of your business and your employees. ... *NCQA's Private Health Insurance Plan Ratings 2019-2020, National Committee for Quality Assurance, 2019: Kaiser Foundation Health Plan of Colorado — HMO (rated 4.5 out of 5). NCQA's ...
The Rules: 2023 Colorado Business Insurance Requirements. The Affordable Care Act (ACA) defines and enforces a number of rules about small business health insurance. The biggest requirement is that businesses with 50 or more employers provide an affordable group health insurance plan to their employees. This plan must provide the 10 essential ...
Group health insurance for small business owners. If you are interested in a more traditional small-group insurance plan option, Connect for Health Colorado has partnered with Kaiser Permanente and Delta Dental to offer this form of medical and dental coverage. Some companies will qualify for tax credits.
The Affordable Care Act may help small businesses and small tax-exempt organizations afford the cost of covering their employees. Businesses with fewer than 25 employees, that provide health insurance, may qualify for a small business tax credit of up to 35 percent (up to 25 percent for non-profits) to offset the cost of health insurance.
Small Business Health Insurance Plans for Colorado Employers. Your company's employees are the backbone of your small business, so choosing effective, sustainable health coverage for your business is our priority. Your RMHP 2021 small business health plan continues to provide the quality health coverage you have come to expect from a health ...
Learn about HRAs. You now have more ways to contribute to your employees' health care costs — with Health Reimbursement Arrangements (HRAs). Use this guide to help you compare coverage options, like HRAs and group health plans. Find out what's right for your business.
Individual & Family Health Insurance Plans In Colorado. We offer health plans in Colorado that fit a variety of healthcare needs, including special programs to support better health. You may also qualify for financial assistance to help cover the costs of your health plan. 1. Find Plans In Your Area. ZIP Code.
The Colorado Option is available to all Coloradans who buy their health insurance on the individual market (i.e. not from an employer) and small employers with less than 100 employees. Health insurance plans are required to lower premiums on Colorado Option plans by 15% by 2025. The Commissioner will enforce premium reductions through the ...
UnitedHealthcare offers a whole range of individual insurance products for the state of Colorado.
No. However, in order to be eligible for the Small Business Health Care Tax Credit, employers must contribute 50% or more of the cost of premiums for all full-time employees. Employer eligibility. Employers of any size with at least one other employer (other than their spouse). Generally, small employers with 1-50 employees are eligible for ...
Group Health Insurance Plans In Colorado. Small Business Plans. Our Colorado small business health insurance plans provide your employees access to the right doctors, benefits, tools, and support to simplify their health journey and help keep your business running. Plans are designed for businesses with 2 to 100 employees.
If you run a small business, you have the option of buying health insurance for your employees through the Connect for Health Colorado Marketplace. Just like individual insurance, the group plans offered there may qualify for federal subsidies to reduce their cost. You can also take advantage of the many Assistance Sites throughout Colorado.
Learn how to get Colorado small business health insurance plans for 1 to 50 employees. The best small business health insurance providers in CO offer affordable rates, flexible coverage options and access to a large network of medical providers. Below are some answers to commonly asked CO small business health insurance plan questions:
Department of Public Health & Environment. The Health Insurance Marketplace for Coloradans: Connect for Health Colorado works to expand access, affordability and choice for individuals purchasing health insurance throughout our state. Health.
It is funded jointly by the federal government and Colorado state government. Child Health Plan Plus (CHP+) - A public, low-cost health insurance for certain children and pregnant women. Medicare - A program for people age 65 or older or people under 65 with certain disabilities or end-stage renal disease (permanent kidney failure requiring ...
Get the best group health insurance for your Colorado small business! Our plans are customized to meet your unique needs and tailored to meet your budget. top of page (970) 578-0212. Home. ... Do I get access to an online portal to manage my small business's health insurance plan?
Small businesses with up to 25 full-time equivalent employees may qualify for a tax credit for offering employee health benefits. The credit is broken in to two phases. Phase 1 (2010-2013) includes a tax credit worth up to 35% of a small business's health insurance costs. Phase 2 (2014 and beyond) includes a tax credit up to 50% of a small ...
Instant online quotes on Colorado Small Business Health Insurance. Best available rates. Free Quotes. Low Cost Colorado Health Insurance and Major Medical Plans. Self Employed plans. ... We'll help you find the right health insurance plan for your specific needs. Save Time & Money. Knowledgeable Local Agents 303.456.7967 or 800.416.4481 Get a ...
CO Health Brokers are group health insurance brokers in Denver, Boulder, Colorado who offers affordable group health insurance plans. Call us now at 303-541-9533 for small business health insurance in Colorado.