In the United States, employers finance health coverage for over 160 million Americans. Recently, the rise in rates for family, individual, and company-provided insurance has exceeded that of inflation. One of the significant costs faced by small businesses in Colorado and across the nation is that of providing health insurance to employees. The U.S. spends more on health care per capita than any other industrialized nation, yet still ranks low on quality.
Despite the soaring cost of company insurance, experts say that overall employers remain relatively passive about health and life insurance. Several industry and government officials are starting to complain that employers are not using their purchasing power to effect change. They argue that companies should more actively seek lower cost, high quality healthcare, and thereby exert important influence on industry rates and standards. However, companies like Intel - which spends almost 1 billion dollars on heath care – have “just been writing checks� says the chairman of Intel Corp., Craig Barrett.
As heath care reform has become one of the key topics in the upcoming election, employers’ passive attitude will gain more attention and business heath care costs will likely achieve a higher priority in company agendas.

Please visit our QUOTES section or contact us at 303-317-6650 to receive free quotes for individual, and family, and business and group health insurance in Colorado.