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February 24, 2012

Report Shows Greater Percentage of Health Insurance Premiums Going to Healthcare Costs

DORA

A new report on health insurance costs shows that in calendar year 2010, 81% of the health insurance premiums collected by Colorado carriers went directly to the cost of providing healthcare services, up from just under 77% in 2009.

DORAThe annual Health Insurance Cost Report, produced by the Colorado Division of Insurance, also looked at the factors that drive the cost of health care, the financial status of health carriers, and increases in health insurance premiums.

“This report shows that in 2010, health insurance premiums continued to grow at a pace faster than inflation or wages,” said Commissioner of Insurance Jim Riesberg. “However, the report also shows that the burden of higher premiums did not fall as heavily on employees as it has in years past.”

Click here to download or read the report.

IECRM Self-Pay Tuition Policy

 

Self-pay students who are employed with a member company must register and pay through the member company using the IECRM Flashpoint Enrollment Portal/Process in order to qualify for member rates.

Self-pay students that are employed with a member company but that do not register and pay through the member will be charged the non-member rate for tuition, books and applicable fees.


Self-pay students who are employed with a member company and require a payment plan will not qualify for the member rate and will be charged the non-member rate for tuition, books and applicable fees.


Self-pay students who do not work for a member company will continue to be charged the non-member rate for tuition, books and applicable fees.


To maximize association/membership benefits, ALL member companies are encouraged to register and pay for all enrolled apprentices utilizing internal payment arrangements and processes between employer and employee.


We value our IECRM members and apprentice community. We encourage all apprentices to be enrolled in the four-year apprenticeship program, earning, and learning their way toward Journeyworker licensure. We encourage all members to utilize the member discount for tuition, books and applicable fees to ensure the long-term support and success of the next-generation electrician.


(Payment Plans are available, please reference the Self Pay Payment Plan Policy.)


Self-Pay Payment Plan Policy


We offer the following arrangements for students that are unable to pay in full at the time of registration.


● Self-pay students will be charged the non-member rate.
● A 50% down payment of total semester tuition, books and applicable fees are due at registration.
● Remaining balance can be divided up to 3 additional monthly payments ($10.00 processing fee applies on each installment)
● All payments that are declined will incur a $20.00 NSF fee.

 

We encourage all students who are employed with a member company to work with their employer to register and pay through the IECRM Flashpoint Enrollment Portal/Process. This will ensure the student is paying the lowest possible rate for tuition, books and applicable fees.