HI SB900

Requires the Executive Office on Aging to submit annual progress reports on the Hawaii State Health Insurance Assistance Program to the Legislature no later than twenty days before each regular legislative session.

Appropriates funds for fiscal years 2023-2024 and 2024-2025 to establish three new positions within the Executive Office on Aging: one Program Specialist III, one Program Specialist IV, and one Program Specialist V for the Hawaii State Health Insurance Assistance Program.

Identifies that Hawaii's Medicare population increased 120 percent from 133,439 persons in 1992 to 295,405 in 2022, with the program currently serving approximately 8,800 individuals (3 percent of the Medicare population) and needing to reach 8 percent (23,191 individuals) by fiscal year 2025.

Notes that Hawaii ranks first in the nation for longevity at 81.3 years average lifespan, with a cost of living 193.3 percent of the national average, and that 73 percent of Medicare beneficiaries report depleting savings to pay for medical care.

Takes effect December 31, 2050.