Connecticut health insurance exchange calls for mandatory broker commissions

Leaders of Connecticut’s health insurance exchange — Access Health CT — will consider requiring insurers offering health plans on the exchange to pay agents and brokers commission next year, according to CTMirror.

Advertisement


This year, insurance companies ceased paying commissions for health plans sold through Access Health CT. The exchange’s CEO Jim Wadleigh said between 8,000 and 10,000 customers who purchased coverage through the exchange last year and didn’t this year had used brokers in previous open enrollment periods, according to the report.    

The Access Health CT board is expected to vote on the proposal Jan. 26. The plan does not specify how much the commissions would be.   

More articles on payer issues:
9 ways ACA repeal could affect employer-sponsored insurance
Audit: Highmark received $96k in overpayments from Pennsylvania county
Judge blocks $37B Aetna-Humana deal: 5 things to know

 

Advertisement

Next Up in Uncategorized

  • Nashville, Tenn.-based HCA Healthcare, the largest health system in the country, is seeking finance chiefs at four of its hospitals. …

  • As more complex, higher-acuity surgeries continue to shift from inpatient hospitals to lower-cost outpatient settings, a growing number of health…

Advertisement

Comments are closed.