THE SENATE
THE TWENTY-SEVENTH LEGISLATURE
REGULAR SESSION OF 2014

COMMITTEE ON WAYS AND MEANS
Senator David Y. Ige, Chair
Senator Michelle N. Kidani, Vice-Chair

MEASURES DEFERRED TO THURSDAY, APRIL 03, 2014

DATE:	Thursday, April 03, 2014
TIME:	10:00 AM
PLACE:	Conference Room 211 State Capitol 415 South Beretania Street

DECISION MAKING ON THE FOLLOWING MEASURE(S):

HB2529 SD1 (SSCR3021) Status and Testimony

RELATING TO HEALTH. Establishes the connector legislative oversight committee.  Establishes the Hawaii health insurance exchange special fund.  Beginning January 1, 2015, assesses a Hawaii health insurance exchange sustainability fee of no more than .345 per cent of the premiums derived from the sale of comprehensive medical insurance plans, including dental plans, in the State, to be deposited into the Hawaii health insurance exchange special fund.  Notes that the current two percent surcharge authorized by the connector on plans sold through the connector shall cease to be collected once the Hawaii health insurance exchange sustainability fee is instituted.  Requires the board of directors of the connector to prepare and submit to the legislative oversight committee a fully documented biennial sustainability plan budget request for the connector.  Permits the legislature to annually appropriate funds collected from the sustainability fee to the Hawaii health insurance exchange.  Clarifies that the connector must submit the results of the connector's annual audit to the legislature.  Amends the composition and procedures of the board of directors of the Hawaii health connector.  Appropriates funds to the Hawaii health insurance exchange special fund.  Requires the Hawaii health insurance exchange special fund to reimburse the general fund over a five-year period once the sustainability fee is instituted and collected and the sustainability plan is adopted.  Effective 7/1/2112.  (SD1)

CPN/HTH, WAM

No testimony will be accepted.

FOR AMENDED NOTICES:  Measures that have been deleted are stricken through and measures that have been added are underscored.  If a measure is both underscored and stricken through, that measure has been deleted from the agenda.

FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-586-6230.