UPDATED Individual Tax Subsidy Calculator

[box type=”info”] UPDATE 10/7/2013 For some reason, the individual/family health insurance subsidy calculator seems to have been removed from the Connect for Health Colorado website. As an alternative, The Berkeley Labor Center’s calculator has been widely cited as one of the more reliable individual/family tax credit calculators. Please note, however, that this is only an estimate and … Continued

Shopping for Colorado Health Insurance?

One piece of advice — don’t go it alone. We will make sure you get set up with the right health plan at the right price whether that plan is inside Connect for Health Colorado (the marketplace) or outside of it. Call 970.484.1250 for free advice and expert support or click here for instant health … Continued

Are Health Savings Accounts a Good Investment?

A growing trend in both individual and employer sponsored healthcare, using a health savings account (HSA), is a great option for some. HSA accounts are bank accounts that are  paired with a high deductible health plan (HDHP), and are primarily used to pay for medical expenses. One of the chief advantages is that this money … Continued

Are You Eligible for a Subsidy?

In order to make health insurance coverage affordable for a larger number of people, insurance subsidies will be available to help offset the cost of premiums. To be eligible for a subsidy, you must not have access to a qualified plan through your employer, and your income needs to fall between the range of 100%-400% … Continued

Health Insurance 101

It’s important to understand health insurance basics. Read on to learn how it works, and why it’s important to have. How does health insurance work? Health insurance spreads medical costs among groups of people. Health insurance works best when large, diverse (young, old, healthy, sick) groups of people purchase health insurance and pay their premiums … Continued

Colorado’s Exchange: Final Health Insurance Rates Released

The Colorado Division of Insurance has released the final rates and plans that will go into effect on January 1, 2014. Open enrollment begins on October 1, 2013 and runs through March 31, 2014. Plans are split into 4 tiers. Bronze plans will cover 60% of costs paid by the plan; silver plans cover 70%, … Continued

Finally! A cartoon that explains health care reform!

I don’t know about you guys, but I don’t always have time to read the troves of health care reform information that crosses my desk daily. But, I always have time for a cartoon! Here is the transcript for you readers out there. 🙂 Introduction Well, it’s finally happening. After years of drama on Capitol … Continued

How Individual Insurance Subsidies Will Be Reconciled

The Affordable Care Act enacts that individuals under a certain income threshold will be eligible to receive Advanced Premium Tax Credits to help offset the cost of health insurance coverage, starting January 2014. They will be paid from the federal government directly to insurance companies. At the end of each year, reconciliation between an individual’s … Continued

Health Insurance Trends, 2010-2013

The ADP Research Institute recently released a detailed report on employer sponsored healthcare trends spanning 2010-2013. This report is an important benchmark considering the changes to come in 2014 with the implementation of the Affordable Care Act (ACA). The extensive report which spans four years is comprised of 175 American companies with 1000+ employees. Feel … Continued

System Glitch May Delay Tobacco Use Penalties

Another possible adjustment to the Affordable Care Act has been announced. The new law allows insurers to charge up to 50% more in premium to a tobacco user than a non-user. (Currently, tobacco premiums can be up to 20% of the user’s premium.) The new law also enacts another regulation on the amount charged, in … Continued