Simplified Anatomy of Healthcare Budget Cost Number Healthcare X - - PowerPoint PPT Presentation

Cost per Subscriber Number

• f

Subscribers Healthcare Budget

X =

Simplified Anatomy of Healthcare Budget

3/28/2011 Appropriation Committee - J. Pato 1

Cost per Subscriber Number

• f

Subscribers Healthcare Budget

X =

Surplus

• Actual rates

lower than anticipated

• Double counted
• pen positions
• Fewer open-

enrollment changes FY2011 Surplus: $1,250,000 (5.41%)

FY2011 Budget

3/28/2011 Appropriation Committee - J. Pato 2

Projecting FY 2012 Enrollment

• FY2011 – November Enrollment

Qualifying Events:

• Occur throughout the year
• Births, Marriage, Loss of Coverage

Buffer Estimated at 2.6% of FY2011 November Enrollment

3/28/2011 Appropriation Committee - J. Pato 3

Buffer (55)

• Open Enrollment / Qualifying Event
• Expected net position additions

Projecting Number of Subscribers

2000 2050 2100 2150 2200 FY07 FY08 FY09 FY10 FY11 FY12 - est.

FY2011 Counts November Counts

2.4% Fluctuation

3/28/2011 Appropriation Committee - J. Pato 4

What Happens to Surplus? (Idealized)

FY 20XX Healthcare Budget

Surplus

Certified Free Cash FY 20XX+1

Buffer

FY20XX+2 Healthcare Budget

3/28/2011 Appropriation Committee - J. Pato 5