Group Health Insurance Colorado

Group health insurance in Colorado is similar to group insurance plans in many other states. Typically, plans are sold to employers who have at least two employees although a self-employed individual can also apply for group health insurance in Colorado . 58% of Colorado residents are covered by group plans. Do all employers offer group health insurance in Colorado ? No. Your chances of getting health insurance under an employer's plan are significantly better if you work for a larger company. Almost 94% of Colorado companies with 50 or more employees offer group health coverage as compared to 45% of companies with less than 50 employees.

What You Need to Know About Group Health Insurance in Colorado

Not everyone is eligible for group health insurance in Colorado . Even if your employer offers a health plan, you may not qualify if you are part-time, non-permanent or seasonal employee. Additionally, if you live outside of the HMO covered under the group plan then you will not qualify. If you do qualify for group health insurance in Colorado , then you cannot be turned away or charged more because of any disability, pre-existing condition, health status or genetic information. Colorado law allows for unmarried, disabled children to remain in your group health insurance even into adulthood.

About Costs of Group Health Insurance in Colorado

Although your employer may offer group health insurance for Colorado workers, you need to know that most likely your employer will expect you to share in the cost of your health plan. A single individual under a group plan in Colorado can expect a premium to average about $550 annually while family coverage runs slightly over $2,000 annually. This represents about 25% of the total cost of the premium with the employer picking up about 75%.

Special Protection Between Jobs for Group Health Insurance in Colorado

Colorado state law mandates that an individual is considered to have continuous coverage if there is no more than 90 days from one group plan to another. This is an important thing to know as it may help you get new coverage without any gaps or price increases. To learn more about your rights for group health insurance in Colorado, contact the Colorado insurance commissioner's office.

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