HONOLULU (AP) — Hawaii lawmakers are proposing charging a fee to insurers that are not participating in the state’s insurance exchange under President Barack Obama’s federal health care overhaul.
The fee would help prop up the financially troubled Hawaii Health Connector, which could run out of money to pay its bills by year’s end. “This is not something we want to do,” said Rep. Angus McKelvey, chairman of the House Consumer Protection and Commerce Committee. “It’s federally mandated that we have to have our exchanges be sustainable.”
The unspecified fee would be charged by the state insurance commissioner …read more