Fontneau Steps Down as CEO of Colorado’s Health Exchange

July 24, 2014
By

Patty-Fontneau-300x245The leader of Colorado’s contentious health exchange, Patty Fontneau, announced Thursday she was resigning her post to take a job in the private sector.

A statement issued by Connect for Health Colorado said the board of directors planned to name an interim director by next week and plan on hiring a professional firm to search for a new chief executive.

Fontneau has been named president of private exchange business for Cigna, a global health service company.

A spokesman for Cigna said Fontneau would help the company participate in other private exchanges across the country.

Connect for Health Colorado touted Fontneau’s accomplishments as CEO, including the enrollment of 140,000 consumers in private insurance and helping 100,000 people to access tax credits, “all while keeping fees among the lowest in the country.”

However, nearly a quarter of those who signed up are now expected to drop out, and the exchange plans to increase taxes on Coloradans to raise $13 million for operational costs.

Fontneau has also come under scrutiny for raising her salary to $195,000 and awarding herself a hefty $14,000 bonus.

In addition, she balked at state lawmakers’ attempts to order an audit of the exchange, created in the wake of Obamacare, by insisting the agency had already been audited by the federal government.

Those claims were shown to be false, but the state legislature failed to pass a bill requiring the financial review.

The agency’s hiring practices were questioned after manager Christa Ann McClure was forced to resign earlier this year after she was indicted for theft and fraud in another state.

Fontneau said she was proud of the health exchange’s successes and that she was leaving behind a strong team and a financially healthy organization.

“We delivered an entirely new service for Coloradans, and opened on time and under budget,” Fontneau said. “The many people behind Connect for Health Colorado will always have my gratitude for their dedication to our mission. I know I’m leaving behind a strong team and a financially healthy organization that will keep serving our state for years to come.”

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7 Responses to Fontneau Steps Down as CEO of Colorado’s Health Exchange

  1. Lakewood Ed
    July 24, 2014 at 5:08 pm

    So, she’s been floating her resume out there for how long?

  2. Machiavellian
    July 24, 2014 at 5:44 pm

    From day 1, Patty Fontneau has been a clever liar.

  3. Conservative
    July 24, 2014 at 6:21 pm

    I’d like to know the name of the person at Cigna who hired Fontneau and what the six degrees of separation is. There always is one with liberals.

    This is just laughable, on the surface, then it’s beyond maddening. Every single taxpayer should demand an audit of this behemoth mess that’s being sold as a place to purchase health insurance.

    Please voters, flip control of the Colorado legislature and Governor’s office this fall and maybe this “exchange” can be repealed.

    And one more thing – wonder if the Board will disclose the cost for the “professional firm” that’s searching for Fontneau’s replacement. It’s probably top secret!!!

    You’ll go insane if you don’t inject some sarcasism is this wonderful thing we all call top down Government!

  4. joelinlittleton
    July 24, 2014 at 7:18 pm

    Shocked,I tell you…………..shocked!!! (Well,round up the usual suspects)……………move along……….nothing to see here folks. LOL…………..the federal gumint did an audit? Why and how do we let these criminals get away with this? They are in our face,blatantly lie to us,and they walk free with bonuses after the damage is laid at our doorstep.

  5. Brian McFarlane
    July 25, 2014 at 9:04 am

    In my experience, (of course I have never worked for the government) a person gets a bonus for exceeding expectations, I don’t think the “exchange” exceeded expectations… in fact I think it struggled just to meet expectations. Also when someone gets a raise it is usually anticipated that they the parties involved are committed to working together for the better part of another year… I wouldn’t give a raise to somebody that is looking to leave, unless the raise is to make sure they stay. Of course she is negotiating with herself :( !

    She should at least give the bonus money back that she negotiated for herself.

  6. bob
    July 25, 2014 at 11:15 am

    Yeah Patty Fontneau, is so glad and appreciative. She should be after fleecing us and saddling, or trying too with a 13 million tax increase. I’m sure Hick and all the Dems are applauding her efforts .. Scary. Her bonus needs to be recovered. Ya get what ya pay for. and she took the money and left town

  7. July 26, 2014 at 3:40 pm

    Let’s not forget former House majority Amy Stephens who wrote the legislation and pushed to have the “Connect for Health Colorado” exchange. I was glad to see her drop out of the Senate race since that became a Skeleton in her closet!!

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