Category: Denver Insurance Blog

Broker and Employer ALERT Employers utilizing HRAs to purchase individual policies for their employees may be violating Federal law CONTRIBUTING TO OR REIMBURSING EMPLOYEES FOR INDIVIDUAL POLICIES THROUGH AN HRA MAY CAUSE THE INDIVIDUAL POLICY TO BE VIEWED AS PART OF A GROUP HEALTH PLAN SUBJECT TO THE REQUIREMENTS FOUND IN ERISA, COBRA, HIPAA AND […]

2012 HSA Contribution Limits The Department of the Treasury has announced the HSA contribution limits for 2012. The 2012 limit for 1HSA contribution is $3,100 for single coverage, and $6,250 for family coverage. Catch up amounts for individuals 55 years of age or older are $1,000 per year.

A consumer group called for a member of the new state health insurance exchange board to resign Monday, and the author of legislation creating the exchange said she was unhappy with the board’s makeup, casting shadows over a first meeting. Long-anticipated federal rules released Monday call for boards to be dominated by consumer and small-business […]

Governor John Hickenlooper has announced that Jim Riesberg (D) will be the state’s new Commissioner of Insurance. Riesberg, who has been serving in the Colorado House of Representatives, replaces John J. Postolowski, who was appointed as the interim commissioner on December 1, 2010. Riesberg has earned numerous industry awards in his career, including Colorado Medical […]

Colorado is taking steps to create a health insurance exchange as Governor John Hickenlooper signs a bill that would make the effort possible. Colorado is the eighth state to voluntarily adhere to the health care reform law championed by President Obama. The bill will also set up a regulatory group to oversee the exchange. The […]

Colorado doesn’t have enough primary care physicians, and the shortage is expected to worsen in coming years. “In Colorado, we need 194 primary care docs in underserved communities – now,” said Steve Holloway, director of the Office of Primary Care of the Colorado Department of Health and Environment. “In the next three years, that number […]

At least 30 percent of employers are likely to stop offering health insurance once provisions of the U.S. health care reform law kick in in 2014, according to a study by consultant McKinsey. McKinsey, which based its projection on a survey of more than 1,300 employers of various sizes and industries and other proprietary research, […]

It’s no secret, your home value is probably half of what it was five years ago, but you may wonder why your insurance premium is still going up. The cost to rebuild and/ or repair your home, supplies, labor, etc. have not gone down, according to industry experts. These components are what insurance premiums are […]

Effective June 16, 2011: The Occupational Safety and Health Administration (OSHA) will require residential construction workers who are 6 feet or more above lower levels to be protected by conventional fall protection systems — i.e., guardrails, safety nets, personal fall arrest systems, etc. Generally, OSHA’s position is that fall protection products are diverse enough to […]

Cigna is now offering Dental plans on their Individual Health Insurance plans. This is great news for not only current policy holders, but anyone wanting new coverage coupled with Dental!