Health Care & Insurance  December 15, 2023

Business health insurance renewals roiled by change

Premiums in Northern Colorado climbing 14%

It’s OK if you’re confused over health insurance renewal rates and plans. Too many moving parts, too many hands stirring the pot. 

Colorado residents and their employers can expect to pay more next year, but how much depends on a lot of factors. Those individuals and companies who renew on a calendar-year basis with new coverages starting in January are just now learning what to expect.

Reuters reported that on a national scale, employers will see the highest premium increases in a decade, perhaps 5.4% to 8.5%, and information from health insurance consulting firm Mercer indicated that two-thirds of…

Ken Amundson retired from his position as managing editor of BizWest in May 2024 but has come back on a limited basis to report business news in Northern Colorado and the Boulder Valley. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes north of Denver. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.

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