Physician practices in Colorado
PlanOptica tracks 47 health and welfare plans sponsored by 44 physician practices in Colorado, covering 20,648 participants and $54M in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 227 participants, and the most common size is 100 to 249 participants (40% of plans). Most of these plans are self-funded or mixed (62%), so stop-loss and TPA relationships matter as much as the medical carrier.
Cigna Health and Life Insurance Company leads by premium with a 24% share, followed by Kaiser Foundation Health Plan of Colorado at 14%. Lockton Companies, LLC is the broker of record on 6 plans, more than any other firm, ahead of Hub International Midwest Limited (6). 94% of plans report broker compensation on Schedule A; the median brokered plan pays $35K a year, about 10.5% of premium. Denver, Fort Collins and Littleton have the most plans.
Funding mix
- Mixed26 · 55%
- Fully insured17 · 36%
- Self-funded3 · 6%
- MEWA1 · 2%
Plan size (participants)
- Under 1008 · 17%
- 100 to 24919 · 40%
- 250 to 4998 · 17%
- 500 to 9999 · 19%
- 1,000 or more3 · 6%
Median plan: 227 participants. Median broker comp: 10.5% of premium across 44 brokered plans.
Top carriers, physicians, Colorado
- 1Cigna Health and Life Insurance Company$13M14 plans · 24.4%
- 2Kaiser Foundation Health Plan of Colorado$7.4M4 plans · 13.7%
- 3Life Insurance Company of North America$7.1M3 plans · 13.2%
- 4Delta Dental of Washington$5.7M9 plans · 10.6%
- 5Unitedhealthcare Insurance Company$4.6M3 plans · 8.7%
- 6Rocky Mountain Hospital & Medical Service, Inc$3.0M1 plans · 5.6%
- 7The Lincoln National Life Insurance Company$1.6M12 plans · 3.0%
- 8Metropolitan Life Insurance Company$1.5M4 plans · 2.7%
- 9Hartford Life and Accident$1.4M5 plans · 2.6%
- 10Unum Life Insurance Company of America$1.3M7 plans · 2.5%
Top brokers, physicians, Colorado
- 1Lockton Companies, LLC6 plans$352K comp · 13.6%
- 2Hub International Midwest Limited6 plans$120K comp · 13.6%
- 3Usi Insurance Services LLC5 plans$114K comp · 11.4%
- 4James R. Nelligan & Associates, LLC5 plans$86K comp · 11.4%
- 5Gallagher Benefit Services, Inc4 plans$597K comp · 9.1%
- 6Ima, Inc4 plans$241K comp · 9.1%
- 7Warner Pacific Insurance Services4 plans$60K comp · 9.1%
- 8Assuredpartners4 plans$21K comp · 9.1%
- 9Word & Brown Insurance Admin3 plans$55K comp · 6.8%
- 10Shirazi-Miller Benefits, LLC3 plans$55K comp · 6.8%
Largest physician practices in Colorado
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| Heart Centered Counseling Inc Heart Centered Counseling Inc Health & Welfare Benefits PlanAll plans | Fort Collins | Fully insured | 5,743 | $14M | Life Insurance Company of North America |
| True North Health Navigation LLC True North Health Navigation LLC Health and Welfare PlanAll plans | Denver | Fully insured | 1,227 | $2.3M | Delta Dental of California |
| Socrates Health Holdings LLC Dba Modivcare Personal Care Socrates Health Holdings LLC Dba Modivcare Personal Care Welfare PlanAll plans | Denver | Fully insured | 1,219 | $1.3M | Metropolitan Life Insurance Company |
| Mental Health Center of Denver Mental Health Center of Denver Health and Welfare PlanAll plans | Denver | Mixed | 895 | $455K | Life Insurance Company of North America |
| Carepoint Health Carepoint Health Welfare Benefits PlanAll plans | Greenwood Village | Mixed | 756 | $825K | Hartford Life and Accident |
| Infusion Services Management LLC Vivo Infusion LLCAll plans | Lakewood | Mixed | 698 | $929K | Cigna Health and Life Insurance Company |
| Soar Autism Center Soar Autism Benefit PlanAll plans | Denver | Fully insured | 653 | $3.8M | Rocky Mountain Hospital and Medical Service, Inc |
| Salud Family Health, Inc Salud Family Health, Inc. Employee Benefit PlanAll plans | Fort Lupton | Mixed | 600 | $655K | The Lincoln National Life Insurance Company |
| Arapahoe/Douglas Mental Health Network Arapahoe/Douglas Mental Health Network Health and Welfare PlanAll plans | Englewood | Fully insured | 558 | $5.1M | Kaiser Foundation Health Plan Inc |
| Metro Community Provider Network Metro Community Provider Network, IncAll plans | Wheat Ridge | Mixed | 548 | $442K | Metropolitan Life Insurance Company |
| Orthopedic Centers of Colorado Orthopedic Centers of Colorado Welfare Benefit PlanAll plans | Denver | Mixed | 543 | $758K | Hartford Life and Accident |
| Valley-Wide Health Systems, Inc Valley-Wide Health Systems, Inc. Welfare Benefit PlanAll plans | Alamosa | Mixed | 505 | $526K | Standard Insurance Company |
| Orthopaedic & Spine Center of the Rockies Orthopaedic & Spine Center of the Rockies Health and Welfare Benefit PlanAll plans | Fort Collins | Mixed | 493 | $490K | Cigna Health and Life Insurance Company |
| Onpoint Medical Group Onpoint Medical Group Health and Welfare PlanAll plans | Highlands Ranch | Mixed | 478 | $456K | Delta Dental of California |
| Boulder Medical Center Boulder Medical Center, P.C Employee Health and Welfare PlanAll plans | Boulder | Fully insured | 429 | $4.3M | Cigna Health and Life Insurance Company |
Showing 15 of 44 employers. Filter the full list by size, funding, carrier and broker.
Plans by city in Colorado
- Denver8 plans · 5,035 participants
- Fort Collins5 plans · 6,848 participants
- Littleton4 plans · 747 participants
- Lakewood2 plans · 799 participants
- Englewood2 plans · 684 participants
- Boulder2 plans · 650 participants
- Lone Tree2 plans · 492 participants
- Colorado Springs2 plans · 193 participants
- Pueblo2 plans · 149 participants
- Greenwood Village1 plans · 756 participants
- Fort Lupton1 plans · 600 participants
- Wheat Ridge1 plans · 548 participants
Frequently asked questions
How many physician practices in Colorado offer an ERISA health plan?
47 health and welfare plans from 44 physician practices in Colorado appear in plan year 2024 to 2025 filings on Form 5500, covering 20,648 participants. Plans with fewer than 100 participants that are fully insured do not have to file, so small practices are under-counted.
Which insurance carriers cover the most physician practices in Colorado?
By Schedule A premium: Cigna Health and Life Insurance Company (24% of premium, 14 plans), Kaiser Foundation Health Plan of Colorado (14% of premium, 4 plans) and Life Insurance Company of North America (13% of premium, 3 plans).
Which benefits brokers work with physician practices in Colorado?
By number of client plans: Lockton Companies, LLC (6 plans), Hub International Midwest Limited (6 plans) and Usi Insurance Services LLC (5 plans). 94% of plans report a broker.
How much do brokers earn on physician practices health plans in Colorado?
The median brokered plan reports $35K a year in broker commissions and fees, or 10.5% of premium. Figures come from Schedule A, Part I.
Are physician practices health plans in Colorado self-funded or fully insured?
Mixed 55%, fully insured 36% and self-funded 6%. Self-funded and mixed plans together make up 62%.
Where does this data come from?
U.S. Department of Labor Form 5500 filings and their Schedule A insurance attachments, latest filing per plan. Offices of physicians (NAICS 621111) and of mental health physicians (621112).
Prospect physician practices in Colorado
Open the welfare search with Colorado and this sector prefilled. Narrow by participants, funding type, carrier, broker and broker compensation, then save the view or export it.
Physicians in nearby states
Other healthcare specialties in Colorado
Source: U.S. Department of Labor Form 5500 and Schedule A, latest filing per plan (plan years 2024-2025). Offices of physicians (NAICS 621111) and of mental health physicians (621112). Location is the sponsor's filing address in Colorado.