Jennifer Lovett, president and CEO of Crystal Financial Insurance Services in Hartford, Conn., has enrolled almost a thousand consumers on her state-run exchange, AccessHealthCT. As she and her other two producers are starting to receive commissions from their hard work throughout the last several months, she realized the exchanges policy of requiring brokers to sell all carriers in order to be affiliated with the exchange is going to be costly for her small agency.
It is required for brokers in Connecticut to be appointed with all carriers in the exchange, she explained in an email recently to EBA. They are charging us appointment fees per broker and an additional fee if you have an agency.