The number of small businesses that provide health insurance to their employees is still declining, but at a slower pace than in previous years.

A report released Monday from the Colorado Division of Insurance shows that the number of people covered by health insurance in the small-group market declined by 4 percent in 2011. In 2010, that number declined by 7 percent.

The biggest drop occurred in the market for sole proprietors, which declined by 35 percent.

Key findings in the report include: