Division of Insurance releases 2017 Health Insurance Cost Report

Annual report details the health insurance marketplace in Colorado.

DENVER (Dec. 18, 2018) – The Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), has released its 2017 Health Insurance Cost Report.

This annual report details the health insurance market in Colorado, including the trends in the individual and group markets, the factors that drive premiums and the financial status of health insurers.

“It’s crucial that we are able to look at the entire health insurance market in Colorado and compare it to national data, as well as look over the year-to-year comparisons,” said Interim Colorado Insurance Commissioner Michael Conway. “This is the sort of big-picture data that can highlight patterns across the many parts of Colorado’s market.”

Highlights from the 2017 report include the following.

  • Average monthly premiums in Colorado across individual, small group (for small employers with 2 - 100 employees) and large group health plans (for employers with 100+ employees) ranged from $331 to $428. (Page 14)
  • The average health insurance deductible in Colorado was $1,951 for single coverage and $3,721 for family coverage. (Page 16)
  • More than half of all Coloradans received their health insurance from an employer. For this group, those with family coverage paid 27 percent of the total premium, while those just covering themselves paid 21 percent of the premium (employers paid the remaining portion of the premium). (Page 18)
  • Approximately 44 percent of private-sector employers in Colorado offered health insurance to their employees. (Page 15)
  • As was the case in 2016, 86 percent of the premiums collected for health insurance in Colorado went directly to the cost of paying for healthcare services. (Page 19)
  • Of the 425 health insurers in Colorado (many of which provide coverage other than major medical insurance, such as dental or vision insurance), the top 10 largest insurers accounted for 75 percent of the market. (Page 26)

In addition to the facts and figures, the report also includes an appendix (Appendix 2) with definitions of health insurance terminology, concepts and phrases, such as “self-insured plans,” “rate regulation & rate review,” “medical trend” and “cost shifting.”

The report can be found on the DOI’s page for “Insurance Brochures, Fact Sheets and Reports” - click on “Health Insurance Reports” under “Reports by DOI,” and on the next page, click “Health Insurance Cost Reports.”


The Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA) regulates the insurance industry and assists consumers and other stakeholders with insurance issues.  Visit dora.colorado.gov/insurance for more information or call 303-894-7499 / toll free 800-930-3745

DORA is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado. Consumer protection is our mission. Visit dora.colorado.gov for more information or call 303-894-7855 / toll free 1-800-886-7675

Media Contact:
Vincent Plymell
Division of Insurance
p: 303-894-2261 | c: 303-910-9614