Colorado health exchange board approves $13 million fee on insured

Colorado’s health exchange board on Monday approved a $66.4 million budget for the next fiscal year to be funded in part by a $13 million fee on all Coloradans with health insurance. The costs to run the exchange — known as Connect For Health Colorado — are far higher than the $26 million a year that managers have long anticipated. They are continuing to spend federal tax dollars for some of the expenses and have vowed to reduce costs to about $26 million in future years. The budget and $13… Reported by bizjournals 9 hours ago.