- Associated Press - Tuesday, May 12, 2015

DENVER — The state’s health exchange is looking at more than doubling the fee that insurers pass onto customers who buy policies.

The Denver Post reports (https://dpo.st/1cNl2Ns) Connect for Health Colorado staff recommended the increase Monday as $177 million in federal startup grants come to a close and as insurance carriers prepare to submit their rate plans by May 29.

If the health exchange board approves the 3.5 percent charge for premiums, the fee for a $4,000 yearly plan would go up by $84. Staff also recommended upping a monthly assessment charge for 1.2 million private insurance policies to bring in $2 million more.

The plan is expected to come up for a vote next week and would boost revenue for the exchange by $5.8 million.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide