Another state-run exchange bites the dust:
Despite over $205 million in federal taxpayer funding, Hawaii’s Obamacare exchange website will soon shut down. Since its implementation, the exchange has somehow failed to become financially viable because of lower than expected Obamacare enrollment figures. With the state legislature rejecting a $28 million bailout, the website will now be unable to operate past this year.
According to the Honolulu Star-Advertiser the Hawaii Health Connector will stop taking new enrollees on Friday and plans to begin migrating to the federally run Healthcare.gov. Outreach services will end by May 31, all technology will be transferred to the state by September 30, and its workforce will be eliminated by February 28.
While the exchange has struggled since its creation, it is not for lack of funding.
The reports also notes that in its first year, Hawaii Health Connector only managed to find about 8,500 takers — that’s not a whole lot of connections at $23,899 in website expenses per.