Connect for Health Premiums 20131219

	A	B	C	D	E	F
1	Connect for Health
2	Medium Projection
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4	COHBE's estimated portion of CoverColorado reserve is 8.5 million
5	Annual operation budget of 26 million
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7		Second half of 2013	2014	2015	2016	2017
8	Enrollment and Premium Assumptions
9	Average Estimated Sales Projections	0	75,001	124,283	174,203	223,557
10	Average Estimated Premium per member per month	0	$337	$354	$372	$392
11	Adminstrative Fee	0.00%	1.40%	1.40%	1.40%	2.50%
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13	Revenue Assumptions
14	Exchange Revenue from Admin Fee	0	$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
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17	Revenue from CoverColorado/Unclaimed Property Fund	$15,000,000	$0	$0	$0	$0
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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
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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
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30	Net Income/Expense by Year	$10,829,651	$7,173,303	$10,298,999	$5,623,497	$5,309,653
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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
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