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are finding it increasingly difficult to keep up with
the escalating costs of covering their employees.
In that same time period, health insurance premiums among private-sector workers enrolled in
their employer’s plan rose 7.6% on average for an
individual and 12.1% for a family. In 2010, the
average cost of an employer-sponsored policy in
continued on page 80 COLORADO SMALL GROUP MARKET COVERED LIVES
0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Source: Colorado Department of Regulatory Affairs, Division of Insurance, 2010 Small Group Market Activity and
Rating Flexibility Report. 79 2012 Colorado Business Economic Outlook Education and Health Services
continued from page 79 Colorado for an individual was $4,630 and $13,393
for a family, but it is higher for small group coverage, according to the U.S. Department of Health
and Human Services. Colorado Small Group Market
The impact of rising healthcare costs on small
group employers (50 or fewer employees) remains
especially challenging. The 2010 Colorad...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery