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Obamacare Exchange Now Asks for Fee on All Insurance Policies

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Greg Campbell / Freedom Outpost

 

The fee would pay for half of the annual operating costs of Connect for Health Colorado, the state Obamacare exchange, according to Health News Colorado.

 

The exchange’s latest financial plan comes soon after its oversight board rejected a proposal to hike fees on those who use the website from 1.4 percent to 1.7 percent. Connect for Health Colorado staff has said the increase was needed to keep it solvent.

 

Board members said staff should look at cutting expenses before raising fees, and many had the same reaction to the proposed $13 million fee, which is being called a “general market health insurer assessment.”

 

Others call it an illegal tax.

 

“Not only is this not fair,” Republican Sen. Owen Hill is quoted as saying by Health News Colorado, “it really is against the law. We have a law here in Colorado that says you can’t increase taxes without a vote of the people.”

 

Hill sits on the exchange’s legislative oversight committee, which will hold a hearing about the exchange’s financials on Thursday.

 

Questions about how exchange spends its money were raised from nearly the moment it opened for business last year. CEO Patty Fontneau — who is paid more than $190,000 per year — raised eyebrows by asking for a raise and a bonus even as the exchange failed to meet even worse case projections for enrollment. Board members were also concerned to learn that the exchange hired outside lawyers — some for up to $575 per hour – rather than use lawyers with the state Attorney General’s office.

 

Read more at Freedom Outpost:

 

http://freedomoutpost.com/2014/04/obamacare-exchange-now-asks-fee-insurance-policies/#brBoDtiYeC0oKdRf.99



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    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 6 comments
    • Neanderthal

      Just like a good little leech, everybody bend over because now comes the blood sucking parasites who have lied to you, lied to you, and lied to you. Please bend over one more time for the final ounce of blood extraction from your ass. Thank you VERY MUCH. Obama and company.

      • Neanderthal

        Meanwhile, around of golf should sound about right about now. If you like your blood you can keep it but no until I suck it ouf of you first. LOL what a fkn joke.

        • Neanderthal

          Fire her ass, now how’s that for a raise.

    • Neanderthal

      Somebody check her blood and see what type of medical cannabis she is on. Rof and Lmfao

    • Neanderthal

      This has got to be the laughing stock of the world.

    • ml777

      Ha Ha we warn the morons that Obama was going to screw you sheeple and he did, I hope all of those useful idiots are the ones to hurt the most with this healthcare from Hell.

      And to add insult to injury, the illegals will get healthcare for FREE at the expense of the Tax payers thanks to the morons who voted for this clown

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