Administrative Costs to Sting Consumers

“The proposed administrative fee in the new exchanges would be higher than the 2 percent to 3 percent overhead commonly cited for running Medicare, a disparity that critics of the law were quick to point out.”

“The insurance industry said Friday the fees will increase costs, already expected to rise because the new policies in many cases will be more comprehensive than what is currently available in the individual market. States will also charge administrative fees in the exchanges that they run.”

“”Any new fees to pay for the administration of exchanges will add to the cost of coverage,” said Robert Zirkelbach, a spokesman for the industry trade group America’s Health Insurance Plans.”

Feds propose fee on health insurers in new market


Associated Press

Published: Friday, Nov. 30, 2012

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