“In every conceivable manner, the family is link to our past, bridge to our future.” — Alex Haley
Tuesday, December 11, 2012
HHS sets new fees for insurers in federal exchange
Posted by Linda H on 6:40:00 AM
The Health and Human Services Department said insurance companies will pay a monthly fee to sell plans through a federally run insurance exchange.
HHS will set up an exchange in any state that doesn't establish its own — and that could be a lot of states, as Republican governors are taking a hard line against implementing any part of "ObamaCare," even if their resistance invites greater federal involvement in their healthcare markets.
Running a federal exchange — especially such a large one — will come with major administrative costs, and HHS will charge insurers a fee to cover those costs. The fee will be pegged to the number of customers each insurer has in the federal exchange.
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