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.
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