Health Insurance

One only has to read a newspaper, watch television, or listen to the radio to know and appreciate the importance of securing and maintaining quality Colorado health insurance. Costs of both routine medical care and specialized treatments are increasing at a much faster pace than are household incomes. This fact alone makes having Colorado health insurance a necessity which one cannot afford to be without or lose! This is why so many people are turning to insuranceUSA.com for their Colorado health insurance quotes. In its most basic form, health insurance is simply a written policy which covers the cost of medical expenses. Some states expand this to include disability and long-term care.

This article will provide you with information detailing the regulations of Colorado health insurance, both for individuals and small groups. You will also find information pertaining to COBRA- the Consolidated Omnibus Budget Reconciliation Act of 1986. This plan allows many workers to continue group coverage for a limited amount of time under certain circumstances, such as the loss of a job, reduction in work hours, transition between jobs, death, divorce, and other life events.

You will also be provided with some interesting statistics which will allow you to compare the health and well-being of Coloradons to those of people who live in other parts of the country.
All you need to know about Colorado health insurance is fully outlined in this article. Once you have read and learned what is available to you and made your personal choices, insuranceUSA.com is standing by to assist you with quotes specifically tailored to your individual needs.

Colorado Individual and Family Health Insurance
In Colorado, individual or family health insurance policies are not guaranteed. Most Colorado health insurance policies are medically underwritten, which allows insurance companies to deny coverage to anyone based on their current or past medical history, including pre-existing conditions. When applying for health insurance, you will be asked to fill out a comprehensive questionnaire, covering everything from current and past medical status and family medical history (parents, siblings, etc) to life-style questions, such as smoking habits, alcohol consumption, etc. Colorado health insurance premiums will vary according to age, gender and the type of health insurance plan that has been applied for. If you do have a pre-existing medical condition, there are three different options which may be offered to you. One is that you may be denied any and all health insurance coverage, which is within the Colorado health insurance company’s rights. The second option is that you may be offered coverage, but with a rider attached. This rider simply states that the insurance company is not liable and will not cover any claims deemed to be related to the pre-existing condition. The third option is that you may qualify for full coverage, but you can expect that your premiums will be higher than those of a healthy individual.

Colorado Group Health Insurance
Colorado health insurance is designed for groups, or companies, with more than 2, but no more than 50, employees. Under Colorado health insurance regulations, part-time employees and those who live outside of the insurance service area may not be eligible for coverage under the group plan. Those employees who do qualify for coverage will be guaranteed Colorado health insurance under the group insurance plan, no matter what your current health condition. The company that issues the Colorado health insurance does not decide on a waiting period before the coverage takes effect. Instead, any waiting period is decided on by the employer. Some group plans will exclude benefits for medical conditions you were treated for within the last six months prior to when their coverage begins. But, if that happens, there are certain types of insurance that that will continue to provide health care benefits for conditions that you were treated for while you were covered under one of their plans.

Colorado COBRA Insurance
When a person is between jobs, Colorado health insurance options follow the federal COBRA guidelines. COBRA applies to companies with at least 20 employees on staff. An eligible employee may decide to continue their Colorado health insurance coverage through the COBRA plan for a maximum of 18 months. Extended periods of coverage are available for eligible dependents for 36 months, and disable persons for 29 months. COBRA is an extension of your previous Colorado health insurance through your employer, and if your employer discontinues the group plan, then your COBRA benefits will also end. However, if this happens, additional Colorado health insurance is available through the Colorado Comprehensive Health Insurance Association (ACHIA).

Colorado Health Information and Statistics
If you are in the market for quality Colorado health insurance, the following facts may be of interest to you. You will find helpful statistical information outlining how Colorado ranks in many categories related to overall health, both medical and lifestyle, plus other pertinent material.

Some of the positives of residing in Colorado are low rates of cancer deaths and cardiovascular deaths, a low rate of preventable hospitalizations, low levels of air pollution, and a low prevalence of obesity. Colorado also faces many challenges, such as a high rate of uninsured population and a high geographic disparity within the state.

According to a 2008 study, Colorado had some significant changes over the past year. On a positive note, the violent crime rate decreased by 11% and the per capita public health funding increased by 34%. Over the past five years, immunization coverage increased by 25%. Since 1990, the percentage of children in poverty declined by 42%.

Following is a variety of statistical data related to living in Colorado, as compared with the rest of the country. These state rankings may be helpful when you consider purchasing Colorado health insurance.

  • Prevalence of Smoking-15th
  • Prevalence of Obesity-1st
  • Violent Crime-26th
  • Children in Poverty-9th
  • Air Pollution-6th
  • Cancer Deaths-3rd
  • Lack of Health Insurance-36th
  • Prevalence of Binge Drinking-37th
  • Infant Mortality-22nd
  • Infectious Disease-20th
  • Premature Death-15th

Overall Rank: 19
Change: -3