Connect for Health Colorado is a new marketplace for individuals, families and small businesses looking to buy health insurance. Health Care Reform Insurance is supposed to offer easy options for every person but it becomes confusing quickly. You can review insurance information for Affordable Care Act (Obamacare) if you are a Colorado resident, have legal immigration status and need health and/or dental insurance. Small businesses and non-profit organizations with up to 50 employees can also shop there. The challenge is understanding the right fit for you, your family, or your business.
We recommend using this Colorado Insurance Broker to find the best fit for your needs. If there are any questions or concerns then it's easiest to have an expert walk you through your options. The agents at JMP Financial have helped many Colorado families and businesses through the insurance plans that best fit their needs and are most affordable.
Without a broker you can try to figure the new health care rules and regulations out yourself online. Connect for Health Colorado is the place where Coloradans can access new federal financial assistance, based on income, to reduce the cost of health insurance. They are the place where small employers can access a tax credit to reduce the premium costs for covering your employees. You can also buy health insurance through our Marketplace if you know exactly what you want and completely understand the new Obamacare rules.
The new financial assistance is for individuals, couples and families who: Don’t have health insurance Are not eligible for public health coverage such as Medicare and Medicaid, and Do not have access to affordable coverage through a large employer. Are enrolled in TRICARE or the Veterans health care program, you’re considered covered under the health care law.
Use their Savings Quick Check to get an estimate of your potential savings.Two types of financial help
You may be eligible for a new kind of tax credit to reduce the monthly cost of health insurance if: You are an individual earning approximately $15,000 to $45,500 per year. You are a couple earning approximately $21,500 to $62,000 per year. You are a family of four earning approximately $31,000 to $94,000 per year.
You may be eligible for health plans with lower deductibles, co-payments or coinsurance if: You are an individual earning approximately $15,000 to $33,000 per year. You are a couple earning approximately $21,000 to $38,000 per year. You are a family of four earning approximately $34,000 to $71,000 per year.Small Employers
Tax credits for small employers also will be available through Connect for Health Colorado. If you have fewer than 25 employees, pay average annual wages below $50,000 and provide health insurance, you may qualify for a small business tax credit of up to 50 percent (35 percent for nonprofits) to offset the cost of premiums for your employees. Use their Small Employer Tax Credit Calculator to see your potential savings.