Colorado health exchange considers fees in order to survive
Colorado’s health care exchange wants to increase fees on people who buy health insurance both on and off the marketplace. Officials say the increase would be a matter of survival.
The cost to run Colorado’s exchange, Connect for Health, is now expected to rise sharply, to $44 million a year. That's well above earlier projections.
To pay for it, the exchange’s interim CEO told board members Monday, the exchange is proposing it raise a pair of fees.
One fee would be on an assessment the exchange collects from insurance companies The other is a user fee for people who purchase insurance through the exchange.
The exchange has struggled with a series of unexpected expenses including technical glitches and call centers that cost more than initially projected.
Board members still need to vote on the proposed fee increases.
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