Health care costs too much for many Colorado residents

| Feb 7, 2016 | Care Planning

Health insurance and health care costs have skyrocketed in Colorado?s high country, causing many families to struggle with the affordability of health care. The situation has become so dire that some elected officials are calling it a crisis. According to a recent article, many Colorado residents are considering relocating to Utah for cheaper health care coverage.

High health care costs have historically plagued the mountain countries. In the past, one region of Colorado was found to be the most expensive place to purchase health care coverage in the entire United States. As a nation still rebounding from the recession, many families are still not financially stable enough to pay what they see as ridiculously high health care costs.

For many Colorado families, the decision to pay for health care coverage hinges on whether or not to put basic needs aside. For some, this means neglecting rent or mortgage payments. For others, this expense may limit a family?s ability to pay for day care, food and clothing. In fact, at  present  there are families who are having to pay premiums in excess of $2000 a month.

Although the major increase in health care costs is somewhat restricted to the mountain counties, the overall struggle can be felt nearly everywhere. Health care costs are not likely going down anytime soon, and to better prepare for the rising costs, individuals may want to consider speaking with an attorney about a  care plan.  Working with a legal professional to draft an effective care plan may help individuals better afford health care coverage in the future without having to sacrifice the basic necessities of life.

Source: Denver Post, “Colorado mountain residents struggle to pay for health insurance,” David Olinger, Jan. 24, 2016