Hawaii’s largest insurers pulls out of health insurance exchange

Hawaii long term care insurance industry

The Hawaii Medical Services Association is abandoning the state’s insurance exchange Hawaii’s largest insurance company has pulled out of the state’s health insurance exchange, Hawaii Health Connector. The insurer, the Hawaii Medical Service Association, opted to pull its small business plans from the exchange late last week. Next year, agents working with small businesses will have only one insurer to work with through the exchange: Kaiser Permanente. The decision is not expected to affect individual health insurance plans in any way and many of the states insurers do not have…

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Insurance company withdraws from Hawaii health exchange

Hawaii Health insurance company

The largest provider in the state has now announced that it is pulling out of the troubled marketplace. The struggling Hawaii Health Connector has now experienced yet another setback, as the largest insurance company in the state has revealed that it will not be remaining within the exchange for individuals or small businesses. The Hawaii Medical Service Association (HMSA) will not be offering its plans to consumers for 2015 coverage. The insurance company announced that it has decided to cut off the small business plans that were going to be…

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Hawaii residents encouraged to double check their homeowners insurance policies

Hawaii Homeowners Insurance

Hurricane season is not over yet and powerful storms may be on their way to Hawaii State officials in Hawaii are encouraging homeowners to ensure that their properties are protected against natural disasters. The 2014 Pacific hurricane season is set to end on November 30, and there is still plenty of time for powerful storms to form and make landfall in the state. Severe weather is expected to hit Hawaii in the coming weeks and months and homes that do not have adequate protection could find themselves vulnerable to financial…

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Health care reform may take a step backward in Hawaii

Hawaii Health insurance company

The largest insurance company in the state is calling for the closure of the troubled exchange. The CEO of the largest health insurance company in Hawaii has now stated that he feels that the state’s exchange – a central part of the health care reform – should simply be shut down as it is too troubled to be worth its while. The website was created in order to provide residents with the ability to compare and shop for policies. This was one of the states that had decided to operate…

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Insurance industry in Hawaii faces change as exchange head steps down

Hawaii long term care insurance industry

The executive director of the online health plan marketplace has announced her resignation. Just as the Hawaii Health Connector exchange was getting off the ground, the insurance industry in the state has received word that it will be experiencing yet another considerable change, when the head of the program announced that she would resigning. The exchange has experienced massive delays, as has been the case with many of the marketplaces in the U.S. Coral Andrews, the director who was at the head of the Hawaii Health Connector for the last…

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Health insurance exchange in Hawaii receives millions in federal money

Health insurance plan

The Hawaii Health Connector has received the grant from the Department of Health and Human Services. The Hawaii Health Connector, which is the name of that state’s health insurance exchange, has just received a grant of $61.8 million from the Department of Health and Human Services, in order to create, develop, and implement that marketplace. Hawaii was the first among all fifty states to announce that it would be creating its own exchange. The state’s Congressional delegation, with Senator Daniel Inouye at the helm, has been heading the national effort…

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California insurance industry follows Nevada regarding driverless cars from Google

Senator Alex Padilla (D-Pacoima), of California, has announced his new legislation regarding a Toyota Prius that has been modified by Google Inc., which is designed to occur alongside new regulations that are designed to permit the first autonomous vehicles in the world to receive their road testing and registration in Nevada. This bill was announced at a Sacramento press conference and was written with the input of Google and is a reflection of that company’s most recent attempt to demonstrate to policymakers that although these futuristic cars aren’t quite yet…

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