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

Simplified Anatomy of Healthcare Budget Cost Number Healthcare X = per of Budget Subscriber Subscribers 3/28/2011 Appropriation Committee - J. Pato 1

FY2011 Budget Surplus Cost Number Healthcare X = per of Budget Subscriber Subscribers • Actual rates • Double counted lower than open positions FY2011 Surplus: anticipated • Fewer open- enrollment $1,250,000 (5.41%) changes 3/28/2011 Appropriation Committee - J. Pato 2

Projecting FY 2012 Enrollment • Open Enrollment / Qualifying Event Buffer (55) • Expected net position additions • 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

Projecting Number of Subscribers 2.4% Fluctuation FY2011 Counts 2200 2150 November 2100 Counts 2050 2000 FY07 FY08 FY09 FY10 FY11 FY12 - est. 3/28/2011 Appropriation Committee - J. Pato 4

What Happens to Surplus? (Idealized) Buffer Surplus FY 20XX Healthcare Certified Free Cash Budget FY 20XX+1 FY20XX+2 Healthcare Budget 3/28/2011 Appropriation Committee - J. Pato 5