Insurance CEO: Shut down Hawaii health exchange
HONOLULU -- The chief executive of Hawaii's largest health insurance company is calling on Hawaii to shut down its beleaguered health insurance exchange.
Michael Gold, president and CEO of Hawaii Medical Services Association, says the state shouldn't keep spending money on a system that is financially unsustainable and does not work.
Gold says Hawaii should ask the federal government for an exception to the part of the Affordable Care Act that requires states to run their own insurance exchanges.
He proposes that businesses buy insurance plans directly from the insurance companies.... read more
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