Colorado health exchange on track to be financially sustainable

January 16, 2015

Colorado's state-run health insurance exchange says it is on track to be self-sustaining by the end of the year, but it is vowing to improve customer service and make other upgrades.

The state exchange still has $23 million in federal grant money to pay for startup costs, said interim CEO of Connect for Health Colorado Gary Drews at a committee hearing Thursday. But Drews said that fees may need to rise for customers and insurance carriers.