Tag Archives: HealthOP

Employers Could Make a Costly Mistake With Early Health Insurance Renewal

Colorado HealthOP Offers Free Health Insurance Business Analysis to Help Employers Determine Best Course of Action Related to Early Renewal

Denver, CO, July 15, 2013 — Many Colorado employers are considering renewing their health insurance early. For business owners, this deliberation is being driven by confusion about changes in healthcare, and for larger businesses, specifically by their struggles to understand how the Affordable Care Act employer mandate delay announced this month will affect health insurance decisions for them and their workforce. According to Colorado HealthOP, Colorado’s first statewide nonprofit health insurance cooperative (CO-OP), the decision to renew early could be a costly mistake.

“Business owners are feeling a lot of pressure to quickly lock in their 2014 health insurance rates. They are confused about the insurance landscape, and many insurance carriers are encouraging or providing incentives for early renewal,” said Julia Hutchins, chief executive officer of Colorado HealthOP. “Unfortunately, those that do not consider their options in 2014 prior to renewing may be missing out on opportunities to make smarter choices for their employees’ health and their bottom line.”

For many employers, waiting and exploring new options available in 2014 may be a better alternative. Colorado HealthOP shares these four reasons why waiting to renew health insurance may be the best choice for many business owners:

1. Small employers will have more health insurance options. The number of carriers actively selling products in the small group market in 2014 has increased. New companies like Colorado HealthOP are offering innovative products that may be a better fit for employers committed to the health and wellness of their workforce.

2. Employees of small businesses get more choices. Small businesses that purchase insurance through Connect for Health Colorado’s small group exchange have the opportunity to offer their employees a choice of multiple health plans from multiple carriers, rather than contracting with one overarching health plan. For employers that have historically not been able to give their employees a lot of choice, this is a major benefit of waiting to renew.

3. Businesses of all sizes have the option of considering whether the individual market may actually be best for employees. For some employers, directing employees to Connect for Health Colorado to purchase a health plan may actually allow their employees to access richer benefits at a lower cost. This is especially true for businesses with a large percentage of employees who qualify for income-based subsidies.

4. Employers and individuals may be able to access health plan prices that are comparable to current renewal prices. When preliminary insurance rates were released in early June, small businesses and individuals alike were pleasantly surprised to see reasonable prices comparable to 2013. When Connect for Health Colorado launches in October, employers and individuals may find that there is financial benefit in waiting to renew their health insurance in Colorado.

“As a responsible manager of their employees’ benefit plan, business owners need to research their options and do their financial due diligence, particularly around early renewal,” said Hutchins. “This is particularly important to ensure that early renewal does not put the business at risk for future financial or legal problems.”

To help reduce the confusion, Colorado HealthOP is offering a free health insurance analysis to help employers determine if renewal of their current plan, purchasing a plan on the health insurance marketplace or directing employees to the individual market is likely to be the best choice for them. The analysis considers the size and composition of a company’s workforce and determines the optimal path for employers.

To learn more about how changes in healthcare will impact businesses, please visit www.COhealthOP.org/Employer to opt in to updates from Colorado HealthOP. To schedule a free health insurance analysis, contact Colorado HealthOP at 720.627.8900.

About Colorado HealthOP:
Colorado HealthOP offers a new alternative to traditional health insurance in Colorado. A nonprofit health insurance cooperative, Colorado HealthOP and its members are committed to providing affordable, quality coverage to individuals and employers interested in making a difference in their own health, their employees’ health and the health of their community. Colorado HealthOP aims to improve health outcomes by putting the responsibility for consumers’ care back into the hands of the cooperative’s members and providers. A private market solution tailored for individuals and employers, Colorado HealthOP will begin open enrollment on October 1, 2013 via Connect for Health Colorado, Colorado’s health insurance marketplace, and through independent brokers and agents. Coverage will begin January 1, 2014. For more information about Colorado HealthOP, please visit www.COHealthOP.org or call 720.627.8900.

Contact:
Shannon Fern
Communications Strategy Group
3225 East 2nd Avenue
Denver, Colo 80206
303-433-7020
shannon.fern@COHealthOP.org
http://www.csg-pr.com

Colorado HealthOP Appoints Dr. Jack Westfall as Chief Medical Officer

Dr. Westfall Will Develop New Health Promotion Model Focused on Collaboration Among Healthcare Providers and CO-OP Members

Denver, CO, June 05, 2013 – In an effort to build a health insurance model that helps its members be sustainably healthy, Colorado HealthOP, Colorado’s first statewide nonprofit health insurance cooperative (CO-OP), has engaged a leading expert in family medicine and rural health as its new chief medical officer. Jack Westfall, MD, MPH, will lead Colorado HealthOP’s efforts to support member health needs by building a robust statewide network of care, developing Colorado HealthOP’s integrated care model and population health programs, and optimizing the CO-OP’s clinical effectiveness.

“The aspiration to partner with patients and providers around improving health is a key concept of the CO-OP,” said Julia Hutchins, CEO of Colorado HealthOP. “Dr. Westfall’s expertise in family medicine, preventive care and rural health coupled with his experience in community health promotion will allow us to make this idea a reality for our members.”

Colorado HealthOP offers quality, affordable Colorado insurance plans to residents of the state, with a special focus on rural areas. As the CO-OP’s chief medical officer, Dr. Westfall will lead the development of a new model for promoting health. While insurance companies have historically provided support for when people are ill, Colorado HealthOP, led by Dr. Westfall, will build an environment that not only provides “sick care,” but also supports healthy living. In an effort to optimize Colorado HealthOP’s potential to be an enabler of health rather than a barrier to care, Dr. Westfall will work with healthcare providers to maximize quality of care and minimize bureaucracy associated with claims. He will additionally lend his expertise to the CO-OP’s benefit design to ensure that the benefit structure supports prevention and health maintenance.

“Colorado HealthOP is building a collaboration among the group that pays, the group that provides and the patient who needs healthcare; these three groups that have historically worked separately and at odds with one another now work together in our model,” said Dr. Westfall. “In Colorado HealthOP’s model, we will take existing concepts and constructs that have been shown to support health, pull them together into one organization and implement them in Colorado.“

Dr. Westfall serves as clinical professor of family medicine for the University of Colorado School of Medicine, an institution where he has held multiple teaching appointments since 1995, served as associate dean for rural health from 2004 to 2013, and was the Patrick and Kathleen Thompson endowed chair in rural health from 2008 to 2013. Board certified in family practice, Dr. Westfall has served as a family physician at the Yuma Clinic in Yuma, Colo., at Plains Medical Center in Limon, Colo. and for Rose Family Medicine in Denver. He is the founder and director of the High Plains Research Network, a practice and community based network that aims to improve health in eastern Colorado. He has also served as director of community engagement for the Colorado Clinical Translational Science Institute, a collaboration among the University of Colorado Denver, University of Colorado Boulder, and multiple healthcare and community organizations with a goal to accelerate the application of research into improved patient care and public health.

Dr. Westfall is a member of the American Academy of Family Physicians, the Colorado Academy of Family Physicians, the American Public Health Association, the Colorado Public Health Association, the Society of Teachers of Family Medicine, the Colorado Rural Health Center and the National Rural Health Association.

Among other awards, Dr. Westfall has received the Chancellor’s Diversity Award from the University of Colorado Denver and the North American Primary Care Research Group President’s Award.

Dr. Westfall received his doctorate and a master’s degree in public health from the University of Kansas. He completed his internship in internal medicine and pediatrics at the Wichita Center for Graduate Medical Education and completed his residency at the University of Colorado, Department of Family Medicine, where he also served as chief resident.

About Colorado HealthOP:
Colorado HealthOP offers a new alternative to traditional health insurance in Colorado. A nonprofit health insurance cooperative, Colorado HealthOP and its members are committed to providing affordable, quality coverage to individuals and employers interested in making a difference in their own health, their employees’ health and the health of their community. Colorado HealthOP aims to improve health outcomes by putting the responsibility for consumers’ care back into the hands of the cooperative’s members and providers. A private market solution tailored for individuals and employers, Colorado HealthOP will begin open enrollment on October 1, 2013 via Connect for Health Colorado, Colorado’s health insurance marketplace, and through independent brokers and agents. Coverage will begin January 1, 2014. For more information about Colorado HealthOP, please visit www.COHealthOP.org or call 720.627.8900.

Contact:
Shannon Fern
CSG PR
3225 East 2nd Avenue
Denver, CO 80206
303-433-7020
shannon.fern@COHealthOP.org
http://www.csg-pr.com

Colorado HealthOP Receives License and Becomes Colorado’s First Statewide Nonprofit Health Insurance Cooperative

Colorado HealthOP Approved to Offer Consumer Operated and Oriented Health Insurance Beginning October 1

Denver, Colo, April 29, 2013 — Colorado HealthOP, Colorado’s first statewide nonprofit health insurance cooperative, announced today that it has received a Certificate of Authority to provide health insurance from the Colorado Division of Insurance. This establishes Colorado HealthOP as an official health insurance plan, and authorizes Colorado HealthOP to provide affordable, quality coverage to individuals and employers in Colorado communities.

To earn licensure in Colorado, an insurance provider must undergo a rigorous review process to determine its potential for longevity. The Colorado Division of Insurance evaluates the organization’s business plan and financial solvency, as well as the background of its executive team and board members.

The CO-OP, which was sponsored by the Rocky Mountain Farmers Union Educational and Charitable Foundation, will provide a variety of health insurance options for individuals and employers in both urban and rural communities across Colorado. In its first year of operations, Colorado HealthOP will offer a statewide provider network that is as robust as those offered by other insurers.

Enrollment will begin October 1, 2013, to coincide with the availability of Connect for Health Colorado, the state’s online health insurance marketplace. Coverage will begin January 1, 2014. Plans will be available on the marketplace, through a network of brokers and agents, and on Colorado HealthOP’s website at www.COHealthOP.org. Subsidies and financial assistance may be available through Connect for Health Colorado for individuals who qualify.

“We appreciate the Colorado Division of Insurance’s vote of confidence in Colorado HealthOP and its unique model,” said Julia Hutchins, chief executive officer of Colorado HealthOP. “We want to make healthcare better in Colorado, and licensure advances our ability to deliver affordable, quality coverage to individuals interested in making a difference in their own health and that of their community.”

Colorado HealthOP gives members a voice in the CO-OP’s operations, including what is covered under its benefit plans. When Colorado HealthOP’s revenues exceed its costs, the surplus will be reinvested to directly benefit members—through lower premiums, expanded benefits and quality improvements. The CO-OP is committed to promoting health as a way of life and will reward its members for healthy behaviors.

Colorado HealthOP is a unique, consumer-driven solution,” said U.S. Senator Michael Bennet of Colorado. “Increased competition in the health insurance marketplace – particularly as the marketplace comes online in October – can only benefit Colorado. Greater access to new options will help individuals, families and employers choose plans that better suit their specific needs.”

With a local perspective and community focus, Colorado HealthOP is dedicated to partnering with doctors, hospitals, brokers and advocates statewide to create benefits and programs that will improve health at the local level. Beginning in May 2013, Colorado HealthOP will begin outreach activities in both English and Spanish to educate the community about their health insurance rights, provide tools for navigating Colorado’s insurance marketplace, and offer resources to help individuals and employers choose the best insurance option for them.

For more information about Colorado HealthOP, please visit www.COHealthOP.org.

About Colorado HealthOP
Colorado HealthOP offers a new alternative to traditional health insurance in Colorado. A nonprofit health insurance cooperative, Colorado HealthOP and its members are committed to providing affordable, quality coverage to individuals and employers interested in making a difference in their own health, their employees’ health and the health of their community. Colorado HealthOP, which was sponsored by the Rocky Mountain Farmers Union Educational and Charitable Foundation, aims to improve health outcomes by putting the responsibility for care back into the hands of the cooperative’s members and providers. A private market solution tailored for individuals and employers, Colorado HealthOP will begin open enrollment in October 2013 via Connect for Health Colorado, Colorado’s health insurance marketplace, and through independent brokers and agents. Coverage will begin January 1, 2014. For more information about Colorado HealthOP, please visit www.COHealthOP.org or call 720.627.8900.

Contact:
Shannon Fern
Communications Strategy Group
3225 East 2nd Avenue
Denver, Colo 80206
303-433-7020
shannon.fern@cohealthop.org
http://www.csg-pr.com