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HI HB1283
Bill
Status
1/29/2015
Primary Sponsor
Angus McKelvey
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AI Summary
HB1283 Summary
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Authorizes the Hawaii Health Connector to issue debentures up to $28,000,000 guaranteed by the State to support operations and achieve financial self-sustainability.
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Expands the Connector's purposes to include providing enrollment, implementation, and benefit administration services for employers and non-qualified health plans.
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Authorizes additional revenue generation methods including leasing IT infrastructure, charging advertisement fees, and conducting enrollment services for non-qualified health plans.
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Creates a Hawaii health connector debenture guarantee trust fund to serve as a reserve for all guaranteed debentures.
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Appropriates funds from general revenues for fiscal year 2015-2016 to be deposited into the debenture guarantee trust fund (amount to be determined).
Legislative Description
Hawaii Health Connector; Hawaii Health Insurance Exchange; Sustainability; Funding
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with Representative(s) Cullen, Har, Jordan, Matsumoto, Oshiro, Pouha, San Buenaventura, Tokioka voting aye with reservations; Representative(s) Fukumoto Chang, McDermott, Thielen, Tupola, Ward voting no (5) and Representative(s) Takumi excused (1).
2/13/2015