STAND. COM. REP. NO.  796

 

Honolulu, Hawaii

                , 2011

 

RE:   H.B. No. 1201

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 1201, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE HAWAII HEALTH BENEFIT EXCHANGE,"

 

begs leave to report as follows:

 

     The purpose of this bill is to allow the State to conform to new federal regulations under the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010, in a manner consistent with local practice, by establishing a private, nonprofit Hawaii Health Benefit Exchange to facilitate the purchase and sale of qualified health plans.  

 

     Hawaii Medical Association; Healthcare Association of Hawaii; American Cancer Society Hawaii Pacific, Inc.; AARP Hawaii; Hawaii Medical Service Association; and a concerned individual supported this bill.  The Department of Human Services, State Insurance Commissioner, and the American Family Life Assurance Company of Columbus submitted comments.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1201, H.D. 1, and recommends that it pass Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair