EmailColorado Affordable Insurance Exchange Grants Awards List
Colorado has received three grant awards to build its Affordable Insurance Exchange. This includes a Planning Grant and two Level One Establishment Grants.
Summaries of Colorado’s applications for each grant are provided below:
Establishment Grant Level One Application Summary
Administrator: Colorado Health Benefit Exchange
Award Amount: $17,951,000; $43,486,747
Award Date: February 22, 2012; September 27, 2012
Application Due Date: December 30, 2011; August 15, 2012
Level of Funding: Level One
Summary: Colorado will use funding from its Level One Establishment Grant to continue to develop operational plans and activities that advance the progress of its Exchange. Using Establishment Grant funding, Colorado will build the Exchange operational staff and consulting support necessary to progress on key design requirements of the Exchange and some of the administrative and technical infrastructure to support it, including an operational plan through 2014 self-sustainability in 2015. Colorado’s principle deliverables under this grant include a fully developed plan for the administrative, technical, outreach and support systems necessary to the Exchange.
Colorado is receiving its second Level One award to continue efforts to establish the services and systems to launch Colorado’s new health insurance Exchange. Specifically, resources from this grant will provide the Colorado Health Benefit Exchange the resources to meet deadlines for certification, testing and deployment of systems and operations.
State Planning Grant
Awarded September 30, 2010
Administrator: Executive Office of the State of Colorado
Amount Awarded: $999,987
Award Supplement: $247,612 (December 22, 2011)
- Create an interagency Exchange board.
- Perform an insurance market and information technology assessment, develop an economic analysis of different options available for the Exchange, and design web services.
- Convene community forums focusing on the development of a health insurance Exchange.
- Establish parameters for and the governance structure of a State Exchange.