Businesses with at least two full-time taxable employees or other associations such as labor unions qualify for Colorado group health insurance. The provider usually writes one master contract to cover the entire group.

Colorado group medical insurance providers also provides small businesses additional benefits other than medical care for its employees. The financial risk is distributed between all of the members of the group, usually resulting in greater coverage and lower premiums for a group health plan. CO group insurance also offers tax advantages because all of the employer contributions are usually tax deductible.

There are three key points to consider when evaluating a group health insurance plan in Colorado:

1. The deductible. This is the amount the policy holder pays before Colorado group health insurance will begin cover costs.

2. The coverage limit. This is the maximum amount that CO group health insurance providers pay.

3. The health provider network. A Colorado group insurance company will usually cover only those services that were provided by specified health care professionals. You will need to ensure that there are enough local providers in the network to cover the medical requirements of your group.

Action Steps
The best contacts and resources to help you get it done

Get referrals to group health insurers in Colorado

A referral provides you with a quote and the insurance agent's contact information without speaking to the insurer until you are ready.

I recommend: Complete the brief application form at Insurance Shoppers to receive a quote for a policy from the major group health insurers in Colorado. This is an independent insurance agency based in Broomfield, Colorado.

Collect pricing information on various plans for group health insurance in Colorado

Employees will prefer a group health plan over an individual health plan because the employer pays for a portion of the group health plan. CO group health insurance is also easier to qualify for because it has a lower requirement on the health of its policy holders.

I recommend: Go to the Gemini Group website and complete the census form for group health insurance in Colorado. You will receive a free quote with no obligation within 24 hours.

Get quotes for specific Colorado group medical insurance companies

To avoid any costly surprises, supply the most complete information you can about your business and its employees when seeking a quote from a specific agency for group health insurance in Colorado.

I recommend: Enter your zip code at ColoradoHealth.com and select the number of employees to insure. The application for your business will be forwarded to an insurance agent.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Provide your temporary and part-time employees a customized health care plan. Colorado group insurance can often provide these employees a less expensive plan that provides basic coverage for essential benefits in addition to discounts on some services that are not covered outright. A part-time employee can also use Flexible Spending Accounts to manage their health care costs.