Small business health insurance is available to small businesses if you employs between two and fifty employees. Small business health insurance offers tax benefits. The employer contributions to a small business health insurance plan are 100% tax deductible. A small business health insurance plan can also improve employee satisfaction and health of you and your employees. Small Business health insurance is also more affordable with lower premiums and more extensive coverage than an individual policy. When you want to Small Business Health insurance in Colorado you have compare quotes of premiums, benefits so that you can select best policy from the available. Health Insurance packages such as Group health Insurance . For the first time in nine years, Colorado has enacted legislation to address small-business health insurance, in order to control exploding premiums and the rapidly declining number of employees covered.
Colorado law (Colorado Division of Insurance) provides certain protections regarding health insurance. All companies selling health insurance in Colorado are to make sure their members receive
PROTECTIONS FOR SMALL EMPLOYER GROUPS
Colorado has established special health insurance rules for small employer groups those with 50 or fewer employees. It includes qualified self employed persons and house employees. The following are protections.
The people who covered by health insurance plans regulated by the State of Colorado have certain rights through state law. Some of these rights apply to all types of plans and others to managed care plans.Regardless of the type of health insurance, you have right to
SELF INSURED PLANS Single employer self funded i.e. self insured plans are not regulated by the Colorado Division of Insurance even it relates to health insurance. Some employers choose to self insure, which means the employer acts as the health insurer for their employees. The employer actually pays the bills for their employees health care, using an insurance company or third party administrator only to process the claims. These self insured plans are exempt from Colorado law but it is regulated by Federal law called ERISA