Colorado’s marketplace for individual and small-group health insurance has improved its finances enough to be self-sustaining for at least the next three years, but it still spends millions of dollars out of compliance with its own policies, according to an audit released Tuesday.
The exchange, known as Connect for Health Colorado, has cut about $18 million in costs since the start of 2015 by renegotiating contracts and reducing administrative expenses, noted the Colorado Office of the State Auditor,…
Colorado’s marketplace for individual and small-group health insurance has improved its finances enough to be self-sustaining for at least the next three years, but it still spends millions of dollars out of compliance with its own policies, according to an audit released Tuesday.
The exchange, known as Connect for Health Colorado, has cut about $18 million in costs since the start of 2015 by renegotiating contracts and reducing administrative expenses, noted the Colorado Office of the State Auditor,…