PRESS RELEASE: Even chairwoman of the Obamacare exchange wonders if it is financially viable

Home/All/PRESS RELEASE: Even chairwoman of the Obamacare exchange wonders if it is financially viable
DENVER (April 8, 2015) – This morning, Sharon O’Hara, chairwoman of the board at Connect for Health Colorado Health Colorado – Colorado’s Obamacare exchange, expressed her doubts about the long-term financial viability of the organization. 9 News’ Brandon Rittiman was first to report on the comments.

The legislative implementation subcommittee met this morning to discuss candidates to fill the exchange CEO position once held by Patty Fontenau, the embattled former leader of the exchange. While discussing one candidate for CEO of the exchange, O’Hara said:

“If this is doable, he can make it happen.”

Senator Beth Martinez Humenik asked for clarification of the statement “if this is doable.”

“I have my doubts on good days. Today is not one of my good days.” O’Hara expounded.

The chairwoman of the board of the exchange expressing doubt as to its viability is particularly concerning considering that Connect for Health Colorado currently has vacancies in the CEO, CFO, COO and CIO positions. Attracting top talent will be particularly difficult if even board members can’t even see the path to financial viability for the exchange.

“Obamacare has created widespread doubt in the minds of Coloradans about the long-term financial viability of their own families,” said Kelly Maher, executive director of Compass Colorado. “Now the chairwoman of the exchange board is expressing her own doubts about the long-term financial viability of the entire exchange. This level of apprehension is damaging for all of Colorado.”

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April 8th, 2015|All|