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HONOLULU — The Hawaii Legislature has approved a bill that would give more money to the state’s financially troubled health exchange.
Both chambers passed a bill Tuesday that would send the Hawaii Health Connector $2 million to use for operations.
Some lawmakers have been worried about a partial federal takeover of the exchange. That’s because all state-run exchanges operating as part of President Barack Obama’s Affordable Care Act must be financially sustainable this year. But without a cash infusion the Hawaii exchange won’t be sustainable until 2022.
An earlier plan for the state to back $28 million in bonds or loans fizzled.
Rep. Angus McKelvey says the bill provides life support for the exchange.