Colorado employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
1,040 Colorado employers filed health plans with 100 or more participants for plan year 2024, covering 851,697 participants. They reported $121M in insurance premiums and $91M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 5.0% of premium, 1.2 points above the national median of 3.8%.
Largest brokers
Reported commissions and fees, with the number of employer plans naming each.
Largest medical carriers
Medical premium written.
Cities in Colorado
Every Colorado city where 15 or more employers filed a health plan, by the sponsor's mailing address. Each page lists the city's largest plans, brokers and carriers.
| City | Employer plans | Premiums |
|---|---|---|
| Denver | 349 | $40M |
| Colorado Springs | 73 | $2.8M |
| Englewood | 65 | $5.6M |
| Greenwood Village | 59 | $8.1M |
| Boulder | 46 | $1.7M |
| Fort Collins | 36 | $14M |
| Broomfield | 34 | $16M |
| Lakewood | 30 | $6.1M |
| Centennial | 29 | $3.0M |
| Aurora | 23 | $2.2M |
| Louisville | 23 | $2.7M |
| Littleton | 21 | $1.1M |
| Golden | 17 | $4.4M |
| Grand Junction | 16 | $0 |
| Westminster | 16 | $514,317 |
| Arvada | 15 | $0 |
| Greeley | 15 | $2.7M |
Largest employer plans
By health plan participants.
Highest broker pay
Employers reporting the most broker commissions and fees.
Highest commission rates
Fully insured medical plans with at least $500,000 in premium, ranked by broker compensation as a share of premium.
| Employer | City | Rate | Broker pay |
|---|---|---|---|
| Hugo Enterprises LLC | Littleton | 10.7% | $97,101 |
| Revenue Enterprises, LLC | Aurora | 10.7% | $67,820 |
| Acme Manufacturing Company, Inc. | Denver | 9.9% | $122,944 |
| Roll Off Solutions, LLC | Parker | 9.3% | $63,663 |
| Johnson Storage & Moving Company Holding LLC | Centennial | 7.9% | $85,200 |
| Arcadia Power, Inc. | Greenwood Village | 6.4% | $157,862 |
| Sage V Foods, LLC | Boulder | 4.5% | $52,026 |
| Novus Ag, LLC | Fort Collins | 3.0% | $127,598 |
| Solace Healthcare, Inc. | Denver | 1.8% | $169,711 |
| Arkansas Valley Regional Medical Center | La Junta | 1.2% | $14,565 |
| Mesa Laboratories, Inc. | Lakewood | 0.2% | $9,452 |
| Johns Manville Corporation | Denver | 0.0% | $0 |
| Cf&I Retirees Voluntary Employee Beneficiary Association Trust | Pueblo | 0.0% | $0 |
Source: DOL Form 5500 and Schedule A, plan year 2024; built October 24, 2026. Methodology.
What do Colorado employers pay health insurance brokers?
Across 13 fully insured medical plans in plan year 2024, among commission-paying fully insured medical plans, the median broker compensation for Colorado employers was 5.0% of premium (middle half 1.8% to 9.3%), against a national median of 3.8%. In dollars, the median employer that disclosed broker pay reported $46,030.
Which Colorado employers paid the most in broker commissions?
V2x Inc. reported the most in 2024, $2,940,663, followed by Davita Inc. ($1.3M) and Dish Network Corporation ($1.1M).
Which brokers and carriers dominate Colorado?
By reported compensation, the largest brokers are Lockton, Mercer, USI Insurance Services. By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Blue Cross and Blue Shield of Alabama, Blue Cross Blue Shield of Kansas City.
Which Colorado cities have the most employer health plans?
Denver (349 employer plans, $40M in premiums); Colorado Springs (73 employer plans, $2.8M in premiums); Englewood (65 employer plans, $5.6M in premiums); Greenwood Village (59 employer plans, $8.1M in premiums); Boulder (46 employer plans, $1.7M in premiums). 17 Colorado cities with 15 or more employer plans have their own page listing the largest plans, brokers and carriers.
Is your company on this page? Get its Form 5500 read next to the Colorado medians.
Tell us the company and a specialist writes up what the public Form 5500 record shows for it, if it files one: broker pay against the medians above, fee disclosure and filing timeliness, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
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