Entrepreneurs / Small Business  November 11, 2015

Survey: Colorado employers concerned about insurance costs

DENVER — Rate increases for health insurance continue to be the greatest concern to Colorado employers, according to an annual survey of companies conducted by the Denver-based Lockton Mountain West Benefit Group.

The increase in the cost of health-care benefits was reported by 82 percent of respondents as their greatest single concern, according to the survey released Wednesday. Meanwhile, 78 percent ranked compliance with health-care reform and the new reporting requirements as their second-greatest concern.

The need to control the cost of coverage resulted in more than 65 percent of employers reporting using a deductible of $1,000 or more, while 37 percent…

Sign up for BizWest Daily Alerts
Closing in 8 seconds...