Posted on 05/12/2015 11:42:22 AM PDT by Nachum
(CNSNews.com) -- President Barack Obamas 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 Hawaiis state-based health exchange for the Presidents 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 ...
The list, Ping
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What a bummer. Even at the Usurper’s supposedly birthplace.
Home state? They have ObamaCare in Kenya?
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.
If the USSC upholds the Federal exchange you will see lots and lots of states doing this over the next couple of years.
Beat me to it...
Ho’omaika’i ‘ana Gruber.
How is Care Oregon doing?
No Worries, Republicans will allow subsidies from the federal website despite being illegal.
Which “home state”?
WA State Obamacare in trouble, also. So is Massachusetts.
-PJ
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!
Not to worry. The feckless Stupid Party will fund it.
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
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