Your Trusted Health Insurance Partner

Our Location

Located in the heart of Denver Colorado, we provide personalized health insurance solutions tailored to your business and family needs.

Address

1380 S Sante Fe Dr Denver, CO 80223

Hours

Mon-Fri: 7am-6pm

Sat-Sun: By Appointment

Health Insurance FAQs

What Is Health Insurance?

Health insurance is a type of insurance that helps cover the costs of medical expenses, protecting individuals from high medical bills. It can be obtained through employers, government programs, or purchased individually.

How To Choose The RIGHT Plan?

Consider your healthcare needs, budget, and preferred providers to select the best insurance plan for you and your family. Remember, you generally cannot change plans mid policy year, without some type of qualifying life event. So, it's important to select a health insurance plan that properly fits your needs, usually for an entire year. This is another reason why having an experienced, trusted broker it so important

Why Purchase Health Insurance

Like any type of insurance, health insurance is simply trading a known cost, premium, for a variable cost...medical expenses. It is a crucial element in financial planning, ensuring that expected or unexpected medical events (which can easily run into the $100,000's or millions of dollars) do not create an unexpected financial burden; financial security.

Also, in today's world health insurance offers access to necessary medical services, preventive care, during (un)expected health issues or emergencies as the first question medical providers often ask is not "what is wrong" but "who is your health insurance carrier"?

Open enrollment is extremely important to understand. It actually has several meanings. Open enrollment is usually used in the context of the time period in which people can change their health insurance coverage and/or change the dependents on their plan. With group insurance, it is often accompanied by contact from your employer about a month prior to renewal showing plan selections and pricing for the coming policy year and asking your to choose your coverage for the coming year. Since most employer plans are based on the calendar year, open enrollment is often in November/December for a January 1 effective date.

With Individual coverage, open enrollment is November 1st - December 15th for a January 1st effective date. (It is also usually extended such that you can also select a plan by January 15th for a February 1st effective date.)

Open enrollment for employer groups also refers to the period November 15th - December 15th in which participation and contribution requirements are waived for new group enrollments to be effective January 1st. This, for smaller groups, can often help them to meet the requirements for coverage they may not otherwise qualify for.

What Is Open Enrollment?

What Is A Broker's Role?

A broker helps you navigate insurance options and find the best coverage tailored to your needs. A broker helps you in the application and renewal process by helping you complete any required paperwork and in the delivery of required paperwork to the insurance carrier. A broker assists with new enrollments and terminations during the year. A broker also acts as your advocate should any issues arise during the policy year.

Types of Health Insurance

Employer-Sponsored Plans: Offered by employers, these plans often cover a significant portion of costs.

Individual Insurance: Individuals/Families can purchase plans through the Health Insurance Marketplace, Connect For Health Colorado, or directly from carriers without being employed and/or enrolling in their employer sponsored plan. Usually a little less expensive than employer sponsored plans, government assistance, tax credits can be available based on income to help lower premium.

Government Programs: Includes Medicaid for low-income individuals and Medicare for those over 65 or with disabilities.

How Are Rates Determined?

Fully insured rates are filed by the insurance carrier with the State usually in early June and usually approved in September. The rates for fully insured plans are based a large sample of people in your geographical area and change based on your age, or the average age of your employer group. Level funded or Balanced Funded rates are underwritten and thus based not only on the average age of your group but also on the overall health of your group.

How Is A Broker Compensated?

It's important to understand that utilizing a broker gives you tremendous benefit yet does not cost you a penny as the broker's compensation is paid by the insurance carrier. Your premium is actually the exact same whether you utilize the services of a broker or not. (If a broker is trying to charge you fees outside of normal commissions paid by the carrier, while it can be legal, you'll likely want to consider a new broker.)

What IS A Qualifying Life Event QLE??

A qualifying life event is one of a number of situations when you lose creditable coverage through no fault of your own. Examples would be you or a spouse losing a job, you losing Medicaid, you turning 26 and no longer eligible for your parents plan, moving to another state etc. These situations can begin what is referred to as a Special Enrollment Period SEP. An SEP will generally give you up to 60 days to find a new health insurance plan outside of open enrollment.