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1 ASPEN-SBM (State Based Marketplace) Project Certification February 19, 2014.

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Presentation on theme: "1 ASPEN-SBM (State Based Marketplace) Project Certification February 19, 2014."— Presentation transcript:

1 1 ASPEN-SBM (State Based Marketplace) Project Certification February 19, 2014

2 2 ASPEN-SBM Agenda Project Objective Project Status Certification Funding Project Budget Next Steps Project Schedule

3 3 Project Objective The New Mexico Health Insurance Exchange (NMHIX) has decided to pursue a full State Based Marketplace (SBM) with an expected production date of October 1, In accordance with the Center for Medicare and Medicaid Services (CMS) requirements, the Human Services Department (HSD) will have to make the following changes to ASPEN to accommodate the transition to a SBM:  Create real time eligibility service for the NMHIX SBM based upon account transfer information.  Determine Advanced Premium Tax Credit (APTC) or Cost Sharing Reduction (CSR) values based upon account transfer information.

4 4 Project Status ASPEN-SBM Initial Requirements Defined – 10/17/2013 NMHIX Submit Grant Request – 11/15/2013 ASPEN-SBM Requirements Approval – 12/18/2013 NMHIX Level 1 Grant Approval – 01/22/2014 ASPEN-SBM Project Schedule Created – 01/15/2014

5 5 Certification Requesting Certification of: $5,116,570

6 6 Funding Funding  NMHIX Level 1 Grant $17,967,936  Planning $5,116,570  Implementation $9,985,551  M&O - $2,865,815

7 7 Project Budget

8 8 Next Steps Finalize Requirements and Design Develop and Implement

9 Project Schedule Amend Contract Approval Process 2013 Planning /22/14 Grant Approved 2/24/14 Contract Amended 12/18/13 Board Approval 11/15/13 Grant Submitted Requirements / Design 2/24/14 Development 4/7/14 QAT UAT 6/10/14 8/10/14 10/1/14


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