COLORADO HEALTH BENEFIT EXCHANGE
4600 SOUTH ULSTER STREET NO 300, DENVER, CO 80237 www.connectforhealthco.com

Total Revenue
$45,376,594
Total Expenses
$46,043,852
Net Assets
$35,077,944

Organizations Filed Purposes: TO INCREASE ACCESS, AFFORDABILITY, AND CHOICE FOR INDIVIDUALS PURCHASING INSURANCE.

C4HCO CONTINUED TO MEET THE EXPECTATIONS OF ITS MISSION OF INCREASING ACCESS, AFFORDABILITY AND CHOICE FOR COLORADO HEALTH INSURANCE CUSTOMERS. ACROSS THE STATE, COLORADAN'S CONTINUED TO MAINTAIN INSURANCE COVERAGE THROUGH C4HCO IN 2020, WITH RESIDENTS FROM EVERY COUNTY IN THE STATE SIGNING UP FOR MEDICAL COVERAGE THROUGH THE MARKETPLACE. CONNECT FOR HEALTH COLORADO SAW NEARLY 167,000 COLORADANS SIGN UP FOR A MEDICAL PLAN DURING THE OPEN ENROLLMENT PERIOD THAT RAN FROM NOV. 1, 2019, TO JAN. 15, 2020. THREE OUT OF FOUR OF THOSE CUSTOMERS (74%) RECEIVED FINANCIAL HELP TO REDUCE THEIR MONTHLY PREMIUM. (CONTINUED ON SCHEDULE O.)OUR TOTALS WERE PUSHED HIGHER, AND BEYOND TARGETS, WHEN OVER 14,000 CUSTOMERS ENROLLED DURING THE SPECIAL ENROLLMENT PERIOD THAT RAN FROM MARCH 20 TO APRIL 30, 2020, IN RESPONSE TO THE ECONOMIC DOWNTURN CAUSED BY THE COVID-19 PANDEMIC. RESIDENTS ALSO SAW A DIFFERENT RANGE OF PREMIUMS TO CHOOSE FROM THAN IN THE PREVIOUS OPEN ENROLLMENT PERIOD BECAUSE OF A NEW PROGRAM THAT THE STATE IMPLEMENTED, KNOWN AS REINSURANCE. STATEWIDE RATES FOR FULL PRICE PREMIUMS DROPPED BY 20 PERCENT, WHICH LED TO AN UPTICK IN NEW ENROLLMENTS IN MANY OF COLORADO'S COUNTIES FOR CUSTOMERS WHO DO NOT QUALIFY FOR FINANCIAL HELP. FOR THE 2020 PLAN YEAR, C4HCO HELPED RETURN $721 MILLION TO COLORADANS THROUGH ADVANCE PREMIUM TAX CREDITS. CONNECT FOR HEALTH COLORADO UNDERTOOK SIGNIFICANT OPERATIONAL CHANGES IN FISCAL YEAR 2020. A NEW SERVICE CENTER AND TECHNOLOGY PLATFORM WAS IMPLEMENTED AND WE BROUGHT THE TEAM HANDLING MORE COMPLEX CUSTOMER SERVICE FUNCTIONS IN-HOUSE. SIGNIFICANT RESOURCES WERE DEDICATED TO MODERNIZING THE SHOPPING PLATFORM AND TECHNOLOGY INFRASTRUCTURE DURING THE YEAR. THE ENHANCEMENTS TO OUR OPERATIONS AND TECHNOLOGY ALLOWED FOR BETTER CONTROL OF COSTS, QUICK PROBLEM RESOLUTION AND RAPID UPGRADES THAT WILL HELP THE ORGANIZATION BE FLEXIBLE AND RESPONSIVE TO FUTURE CHANGES. ALSO A NEW VERSION OF OUR WEBSITE WAS LAUNCHED TO MAKE IT EASIER FOR CUSTOMERS TO LEARN ABOUT FINANCIAL HELP, FIND TIPS FOR CHOOSING A PLAN AND CONNECTING TO AN EXPERT FOR ENROLLMENT HELP.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Kevin PattersonCHIEF EXECUTIVE OFFICER43$277,746
Kelly GuthnerCHIEF INNOVATION OFFICER43$234,464
Brian BraunCHIEF FINANCIAL OFFICER48$201,218
Alan SchmitzGENERAL COUNSEL/COMPLIANCE43$179,209
David CorenDIRECTOR OF MARKETPLACE FI40$167,016
Claudia Farnham-WittnerDIRECTOR OF MEMBER SERVICE42$162,785
Nyle BoydHUMAN RESOURCES DIRECTOR45$153,630
Michael StephanPRIVACY & SECURITY OFFICER45$144,657
Dick ThompsonDIRECTOR3$0
Mike StahlDIRECTOR3$0
Sharon O'HaraDIRECTOR3$0
Lorez MeinholdDIRECTOR3$0
Annie LeeDIRECTOR3$0
Patrick GordonDIRECTOR3$0
Claire BrockbankBOARD SECRETARY3$0
Marc ReeceBOARD VICE CHAIR3$0
Adela Flores-BrennanBOARD CHAIR5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101319349302410_public.xml