Connect for Health Colorado: On Track to be Self-Sustaining
Officials from Connect For Health Colorado say they’re on track to be self-sustaining when federal subsidies run out next year. KRCC’s Nat Stein on the latest from the state’s health insurance exchange.
Almost 69,000 Coloradoans have gotten health insurance through the state’s new insurance marketplace. That includes a significant uptick since the end of last year.
CEO Patty Fontneau told lawmakers on Thursday the exchange won’t need to charge high fees on premiums, due to the enrollment numbers. She also says the exchange plans on trimming staff to help cut costs.
Lawmakers in an oversight committee approved the exchange’s 2014 financial and operations plans by a 7-2 vote.