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Unformatted text preview: Source: Colorado Joint Budget Committee FY 2011-12
Appropriations Report. • Subsidies to help individuals and families with
incomes between 134% and 400% of FPL
purchase insurance on the state health insurance exchange. These subsidies will limit family
expenditures for health insurance premiums to
between 2% and 9.5% of taxable income.
Based on federal and state policy changes, the
Colorado Health Institute (CHI) predicts around
540,000 of the nearly 800,000 uninsured Coloradans will be insured once state and federal policy
changes are fully implemented. Approximately
214,000 of the newly insured Coloradans will enroll
in public programs, while 328,000 newly insured
are likely to gain access in the private market.
Regardless of whether they have public or private
insurance, individuals who are insured use more
healthcare services than those who are uninsured.
Furthermore, due to pent-up demand, utilization
by newly insured individuals is typically relatively
high at first then levels off. 2012 Colorad...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery