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Obama’s Home State To Shut Down State-Based Obamacare Exchange Over Lack of Funds
cns news ^ | 5/12/15 | Brittany M. Hughes

Posted on 05/12/2015 11:42:22 AM PDT by Nachum

(CNSNews.com) -- President Barack Obama’s home state of Hawaii is shutting down its state-based health care exchange, the Hawaii Health Connector (HHC), due to incurring debts and the unwillingness of state legislators to put more taxpayer money into the struggling operation, the Honolulu Star-Advertiser reported Saturday.

Established in 2011, the non-profit organization is Hawaii’s state-based health exchange for the President’s Affordable Care Act, or Obamacare. There are currently about 37,000 Hawaiians enrolled in health care plans through the exchange, far short of the roughly 70,000 needed to raise enough money to sustain it, the article reports.

Officials with the exchange released a report to its board of directors on Friday declaring that the state-based marketplace simply does not have the money to continue operations, the article stated.

"Now that it is clear that the state will not provide sufficient support for the Hawaii Health Connector's operations through fiscal year 2016 (ending June 30, 2016), the Connector can no longer operate in a manner that would cause it to incur additional debts or other obligations for which it is unable to pay," the report read, according to the article.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Culture/Society; News/Current Events; US: Hawaii
KEYWORDS: 0carenightmare; exchanges; exchangeshuttered; federalexchange; hawaii; obamacare; singlepayer

1 posted on 05/12/2015 11:42:22 AM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 05/12/2015 11:42:44 AM PDT by Nachum (Obamacare: It's. The. Flaw.)
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To: Nachum

What a bummer. Even at the Usurper’s supposedly birthplace.


3 posted on 05/12/2015 11:44:10 AM PDT by Patriot Babe
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To: Nachum

Home state? They have ObamaCare in Kenya?


4 posted on 05/12/2015 11:44:31 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Nachum
Translation: We've already blown through our advertising budget, and we have hundreds of health navigators to pay for, not to mention that our slush fund for personal benefits is getting kind of lean, and the board of directors wants a pay raise, as they've been working at the job for just under two years and need more pay. And gosh, we can't afford to go to any more conferences with full catering and first class travel!

What I'd rather see is a break down, state by state, for the overhead costs for new enrollees and continuing enrollees by dividing the annual budget by numbers enrolled. Betcha it'd be SHOCKING.

5 posted on 05/12/2015 11:45:58 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: Nachum

If the USSC upholds the Federal exchange you will see lots and lots of states doing this over the next couple of years.


6 posted on 05/12/2015 11:46:18 AM PDT by circlecity
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To: Jim Robinson

Beat me to it...


7 posted on 05/12/2015 11:47:10 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Nachum

Ho’omaika’i ‘ana Gruber.


8 posted on 05/12/2015 11:49:05 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Nachum

How is Care Oregon doing?


9 posted on 05/12/2015 11:53:13 AM PDT by Mamzelle
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To: Nachum

No Worries, Republicans will allow subsidies from the federal website despite being illegal.


10 posted on 05/12/2015 11:55:32 AM PDT by TexasCajun
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To: Nachum
as a resident of Hawaii, I am offended at this state being labeled Obama’s home state. Illinois MUST be his home state thus he picked it for his LIEBARRY. ( and that does make me happy)
11 posted on 05/12/2015 12:01:47 PM PDT by fish hawk (no tyrant can remain in power without the consent and cooperation of his victims.)
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To: Nachum
RPEAL 0BAMACARE!
12 posted on 05/12/2015 12:17:15 PM PDT by TigersEye (STONE COLD ZOMBIE SCOURGE)
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To: Nachum

Which “home state”?


13 posted on 05/12/2015 12:18:16 PM PDT by Noamie
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To: Nachum

WA State Obamacare in trouble, also. So is Massachusetts.


14 posted on 05/12/2015 12:18:50 PM PDT by Eva
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To: Mamzelle
Oregon shut down their state exchange in April 2014 after their $250 million site wouldn't work and they failed to enroll a single person.

-PJ

15 posted on 05/12/2015 12:27:07 PM PDT by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
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To: Patriot Babe

Just because someone is born somewhere does not make it their “home” state/country. I was born in Germany but my home is Texas!

Barry’s home state is Illinois. State of corruption!


16 posted on 05/12/2015 12:28:31 PM PDT by rfreedom4u (Chris Stevens won't be running for president.)
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To: Nachum

Not to worry. The feckless Stupid Party will fund it.


17 posted on 05/12/2015 1:40:14 PM PDT by Gritty (The more we submit to violent jihadi intimidation, the more we are going to get-Robert Spencer)
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To: Eva
WA State Obamacare in trouble, also.

Not immediately evident to me based on yesterday's Seattle Times story. If you mean the Obamacare Exchange is short of funding, I guess that could be true.

Lower rate increases, more plans proposed for state health exchange in 2016

18 posted on 05/12/2015 1:54:20 PM PDT by steve86 (Prophecies of Maelmhaedhoc OÂ’Morgair (Latin form: Malachy))
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