Division of Insurance Releases 2016 Health Insurance Cost Report
The report analyzes the availability of health insurance, premiums, the factors that drive premiums and the trends impacting the marketplace - for both the individual and group markets. It also reports on the financial status of health insurance carriers.
"With health insurance so important to the lives of Coloradans, noting the trends and patterns is a valuable practice. And because much of this report has year-over-year data, it allows for comparisons over time," said Interim Colorado Insurance Commissioner
Highlights from the 2016 report included:
* While there are 425 health insurers in
* A little over half of all Coloradans had employer-based health insurance, which is close to the national figure.
* Average monthly premiums per person across individual, small group (for small employers with 2 - 100 employees) and large group health plans (for employers with 100+ employees) ranged from
* Approximately 86% of premiums collected for health insurance in
* In Colorado, 45% of private-sector employers offered health insurance, and of that number, 48% self-insured their plans
The report can be found on the DOI's page for "Insurance Brochures, Fact Sheets and Reports" - click on "Health Insurance Reports" under "Reports by DOI," and on the next page, click "Health Insurance Cost Reports."
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