ABCDEFGHIJKLMNOPQRST
1
Connect for Health
2
Medium Projection
3
4
COHBE's estimated portion of CoverColorado reserve is 8.5 million
5
Annual operation budget of 26 million
6
7
Second half of 20132014201520162017
8
Enrollment and Premium Assumptions
9
Average Estimated Sales Projections075,001124,283174,203223,557
10
Average Estimated Premium per member per month0$337$354$372$392
11
Adminstrative Fee0.00%1.40%1.40%1.40%2.50%
12
13
Revenue Assumptions
14
Exchange Revenue from Admin Fee0$4,246,204$7,388,145$10,873,497$26,309,653
15
Estimated Portion of Federal Grant Funding (2013-2016)$66,069,622$60,984,119$15,386,639$0$0
16
17
Revenue from CoverColorado/Unclaimed Property Fund$15,000,000$0$0$0$0
18
19
Revenue from CoverColorado/Reserve Balance$8,500,000
20
Revenue from General Market Health Insurance Assessment $15,750,000$15,750,000
21
Revenue from Premium Tax Credit Donations$5,000,000$5,000,000$5,000,000$5,000,000$5,000,000
22
Potential Foundation Grants$2,010,000$2,000,000
23
Total Income$88,079,622$72,230,323$52,024,784$31,623,497$31,309,653
24
25
Expected Operating/Technology Budget$75,239,971$26,000,000$26,000,000$26,000,000$26,000,000
26
Remaining Implementation/Enhancement Costs$37,057,020$15,725,785
27
Additional Implementation Expense (Not Federally Funded)$2,010,000$2,000,000
28
Total Expenditures$77,249,971$65,057,020$41,725,785$26,000,000$26,000,000
29
30
Net Income/Expense by Year$10,829,651$7,173,303$10,298,999$5,623,497$5,309,653
31
32
Technology Obsolence Solution begins after Operational Reserve reaches 50% of annual budget$0$5,002,954$15,301,953$20,925,451$26,235,103
33
Annual Technology Obsolence$5,002,954$10,298,999$5,623,497$5,309,653
34
Cumulative Operational Reserve at approximately 50% of annual budget$10,829,651$13,000,000$13,000,000$13,000,000$13,000,000
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100