Form DR0811 Employees Election Regarding Catastrophic Health Insurance - Colorado

What Is Form DR0811?

This is a legal form that was released by the Colorado Department of Revenue - a government authority operating within Colorado. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form DR0811?
A: Form DR0811 is a document used by employees in Colorado to make an election regarding catastrophic health insurance.

Q: What is catastrophic health insurance?
A: Catastrophic health insurance is a type of health insurance that provides coverage for major medical expenses in case of a serious illness or injury.

Q: Who can use Form DR0811?
A: Employees in Colorado who are eligible for catastrophic health insurance can use Form DR0811 to make an election regarding their coverage.

Q: What does the form election cover?
A: The form election covers the employee's choice to either enroll in catastrophic health insurance or waive the coverage.

Q: Is catastrophic health insurance mandatory?
A: Catastrophic health insurance is not mandatory, and employees have the option to either enroll or waive the coverage.

Q: What are the benefits of catastrophic health insurance?
A: The benefits of catastrophic health insurance include protection against high medical costs and coverage for major medical expenses.

Q: Can I change my election after submitting Form DR0811?
A: Once you submit Form DR0811, you may not be able to change your election unless there is a qualifying event that allows for a change in coverage.

Q: Are there any eligibility criteria for catastrophic health insurance?
A: Yes, there may be eligibility criteria set by the insurance provider or employer for employees to qualify for catastrophic health insurance.

Q: Can I have other health insurance coverage in addition to catastrophic health insurance?
A: Yes, it is possible to have other health insurance coverage in addition to catastrophic health insurance as long as you meet the eligibility criteria.