Colorado Spends $177 Million, Signs Up 17 Percent of Uninsured

by Jim Geraghty

Money well spent, Colorado!

One-fifth of the employees of Colorado’s health care exchange made more than $100,000 a year in salary and bonuses — with the executive director’s pay exceeding $190,000 in 2013, exchange records show.

And nearly half of the 36 exchange employees make more than $80,000 a year.

As HealthNewsColorado notes, “Since Colorado created its own exchange in 2011, managers repeatedly have vowed to be a ‘lean and mean’ organization.” (Does proposing a hike in user fees count as “mean”?)

Colorado has spent close to $177 million in federal grants building and managing the exchange. Connect for Health Colorado says it signed up 220,441 people through March 1 — with 135,560 enrolling in Medicaid and 84,881 purchasing private insurance.

That amounts to almost 17 percent of Colorado’s estimated potential market of 501,000 people signed up for private insurance, according to the Kaiser Family Foundation and HHS report.

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