In the News

Health Insurance Broker Fees & Fee Disclosure for the Individual Market 

February 21, 2018

SB18-136  By Senator Tim Neville & Representatives Tracy Kraft-Tharp & Lang Sias

SB18-136 by Senator(s) Neville T.; also Representative(s) Kraft-Tharp and Sias--Concerning fees for advising clients about the selection of an individual health benefit plan passed the Senate on second reading this morning.  Senator Neville did a great job of explaining the bill to the Senate.  Senators Aguilar, Kefalas and Guzman all spoke in favor of the bill.   Senator Aguilar spoke about a personal experience of her daughter working with a broker and the valuable services they provide.  Senator Kefalas spoke about letters he has received from brokers in his district supporting the bill.  The amendment to clarify that brokers will not accept fees from Medicaid clients was added to the bill without objection. 

 The bill will be on third, final, recorded vote February 22, 2018.  The bill will then proceed to the State House of Representatives. 

For more information contact your chapter legislative chair or Christine Bogott, Colorado State Legislative Chair. 


Count Down to March 7,2018 Day at the Capital PAC Challenge

Posted: February 21, 2018

Day at the Capital would not be possible with out a strong state Political Action Committee. 

It is imperative that CSAHU members work together to counteract the strong and united forces of special interest groups that oppose free enterprise system of health care.

CSAHU PAC  allows YOU to join your colleagues and friends to combine resources and strength to make a difference for your clients, our industry, and above all, our country. All this can be accomplished through financial support of our State CSAHU PAC.  Read More “Your PAC in Action” 

 The Challenge
 360 members become change makers!  Help us reach our goal of $3,600 by March 7, 2018.  That’s just $10 per member!

Become a regular monthly donor 

Increase your current monthly donation 

Add a one time donation

Contribute today and make a difference!

Deciding how much you invest to protect YOUR industry should be directly proportionate to the level of success you've achieved in YOUR industry.



Posted: February 6, 2018

Health Insurance Broker Fees & Fee Disclosure for the Individual Market
By Senator Tim Neville & Representatives Tracy Kraft-Tharp & Lang Sias
The Colorado State Association of Health Underwriters (CSAHU) is Colorado’s largest professional association of brokers, agents and producers in the health care industry. Their members assist thousands of Colorado businesses and individuals each year in selecting and enrolling in a health plan that best meets their medical needs and their financial situation, as well as continuing to provide services to the consumer throughout the year. CSAHU advocates on behalf of its broker members and their clients.   
  • SB18-136 allows an insurance producer or broker to charge the client a fee if the producer or broker is not otherwise compensated by commission for the health benefit plan selected by the client.
  • The insurance producer or broker must disclose any insurer commission compensation related to the health benefit plan selected by the client. 
  • If the health benefit plan selected by the client does not include compensation from the insurer for the producer or broker, the producer or broker may charge a fee if the fee is properly disclosed to the consumer.
  • The insurance commissioner shall promulgate rules regarding the fee disclosure.
  • Insurance producers and brokers income is currently derived from commissions received from insurers. 
  • Insurers have been steadily reducing the commissions they pay to producers and brokers since 2014 and even eliminating commissions completely on some products or when certain minimum production requirements are not met.
  • Current law prohibits producers or brokers from charging a fee to consumers for their services.  Many clients may offer to pay their broker a fee when no commission is being paid by the insurer; however, under current state regulations, this is not permitted. 
Consumers in the individual market have options – producers or brokers, assisters, navigators, captive agents, and applying directly with the carrier. This bill would allow consumers to pay for the services of a producer or broker if they wish to use that option. 
Brokers provide valuable advice and services in the healthcare marketplace. Their knowledge of all carrier plans, available financial assistance, and a fiduciary duty to their client are all included in the broker experience and no where else.
Colorado State Association of Health Underwriters
Are you a Member Yet? to see why you should be.

Fast Facts

Posted: February 2, 2018

  • President Trump delivered his first State of the Union Address on Tuesday, promoting the benefit of eliminating the ACA's individual mandate penalties effective in 2019.
  • CMS released its annual Medicare Advantage rate guidance and is calling for new feedback on the employer plans after drastic cuts were tabled last year.
  • NAHU's Washington Update podcast wants your input on how we can improve the podcast experience.

Thank You to Our Day at the Capitol Sponsors!

Posted: February 2, 2018

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