j_hce_2018a_2018-06-04t10:10:15z0 Hearing Summary

Representative Lontine welcomed Kevin Patterson, Chief Executive Officer, and Brian Braun, Deputy Director, Connect for Health Colorado, to the table for a presentation on the Connect for Health Colorado FY 2018-2019 budget and 2018 open enrollment.  A document was distributed [Attachment A].

Mr. Patterson discussed plan year 2018 open enrollment statistics including enrollments, customer service improvements, carriers, and geographic distribution.

Mr. Patterson continued to discuss fiscal year 2019 initiatives including creating more intuitive system, improving transparency, expanding focus on rural Colorado, investigating the possible roles of the exchange in working with direct primary care providers, and working with small businesses.

Mr. Braun discussed the fiscal state of the exchange.  He described fiscal projections for fiscal year 2018, 2019, and 2020 and stated that the primary source of revenue comes from carrier fees, grants, and cost reimbursements.

Mr. Braun continued to discuss operating expenses.  These expenses include: technology and operations, customer service, marketing and outreach, and support services.  Mr. Braun noted that there is a projected -0.4 percent change in expenses in the projected budget from FY #2018 to FY #2019.

Mr. Braun discussed projected cash flows, capital expenses and projected cash for FY 2019 and FY 2020.

Mr. Patterson responded to questions concerning subsidies, technological upgrades, customer satisfaction, impacts of federal legislation on Colorado including the individual mandate, and enrollment and premium costs.