Illinois’ comeback story starts here.

Proposed fee on health-insurance plans can’t cover costs of a state-funded exchange

Proposed fee on health-insurance plans can’t cover costs of a state-funded exchange

Legislation being advanced by state Rep. Robyn Gabel, D-Chicago, would attempt to cover costs by charging a fee on every health-insurance plan sold through the state-funded health insurance exchange. This funding mechanism is likely to be insufficient. In fact, the new state tax on insurance plans may need to be three times the amount currently under consideration to truly cover administrative costs.



By Naomi Lopez Bauman