Proposed insurance fee hikes spark fears of worsening affordability crisis
By Ed Sealover | The Sum & Substance
In an effort to try and stop a massive exodus of individuals from the private insurance market, Colorado legislators are looking again at raising fees on all health-insurance policies in order to subsidize the premiums of state residents who face the highest costs.
Rep. Kyle Brown, D-Louisville, said Friday that he is considering bringing a bill during the upcoming special session that would allow the Health Insurance Affordability Enterprise to raise fees on all plans sold in the state by as much as 0.75%. The bill also would seek to impose a new $3 per-member-per-month fee on all stop-loss insurance policies that are purchased by self-insured employers to guard against catastrophic claims.
The two fees could together raise about $100 mil...