CoverColorado
CoverColorado
Membership History
The Early
Years
2
Small Group
Reform
Economic Downturn
Rate Change
Projected
CoverColorado
Member Distribution By Age
2,500
52% are adults over 50
2,000
1,500
1,000
500
40% are adults under 50
8% are children
0
+
65
-6
60
-5
55
-5
50
-4
45
-4
40
-3
35
-3
30
-2
25
-2
20
19
0-
4
9
4
9
4
9
4
9
4
3
CoverColorado
Members By County
Jefferson
11%
All Other
31%
Denver
10%
Boulder
9%
Adams
3%
Weld
5%
El Paso
9%
Douglas
5%
4
Arapahoe
8%
Larimer
9%
CoverColorado
Members By County
5
CoverColorado
Distribution by Length of Enrollment
30%
22.7%
39% have been enrolled more than 2 years
16.7%
20%
13.8%
7.5%
10%
11.0%
13.6%
11.0%
3.7%
0%
0-6 Mos
6
7-12
Mos
13-18
Mos
19-24
Mos
2-3
Years
4-5
Years
6-7
Years
8+
Years
CoverColorado
Distribution by Premium Cost
100%
71%
80%
60%
40%
26%
3%
20%
0%
Largest Discount
7
Less Discount
No Discount
CoverColorado
How Sick Are Our Members?
>$350K
$100K - $350K
$50K - $100K
$25K - $50K
$5K - $25K
Up to $5K
No Claims
0%
10%
20%
30%
40%
Claims incurred 8-1-10 – 7-31-11
8
50%
60%
70%
CoverColorado
Current Funding Source



9
25% from UPF, paid monthly
25% from carrier assessments, paid quarterly
50% from other sources
 Premium
 Interest
 Federal grants
 Premium tax credits
 Gifts and donations