University of Colorado Health system jumps into insurance business

University of Colorado Health will offer third-party administration service for companies' self-funded health insurance plans beginning in 2014, becoming the first hospital system in the state to get into that business. The new division -- UCHealth Plan Administrators -- expects that it can enable companies of at least 75 workers that have not self-funded their coverage before to do so, thereby learning more about how their disease-management and other health plans are effective or ineffective, said Kathy Major, executive director and vice president of the effort. Click here to read the full article by Ed Sealover with the Denver Business Journal.