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Reports: Hawaii's Obamacare insurance exchange closing down at cost of $205 million

The Honolulu Star-Advertiser reports that the Hawaii Health Connector will immediately set in motion a contingency plan to shut down operations. The Health Connector will cease new enrollments this Friday, discontinue outreach services May 31, transfer its technology to the state by Sept. 30 and completely eliminate its workforce by Feb. 28.

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Residents of Hawaii will have to re-enroll in the federal healthcare.gov exchange to ensure coverage next year. Migrating to healthcare.gov is estimated to cost $30 million.

Nearly $205 million in federal grants were awarded to build and operate the Hawaii Health Connector online marketplace.

https://twitter.com/PharmaSi/status/597199839655366656

It could be worse.

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