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Exchange Surcharge

The federal government has announced a proposed rule that would levy a 3.5 percent surcharge on health insurers that want to participate in the new federally mandated health care exchanges, slated to begin in 2014 under the health care reform law. The fee would cover administrative costs of the exchanges. This applies only to the exchanges that the federal government runs directly; however, states that run their own exchanges likely will charge their own administrative fees.