HI Obamacare exchange not fiscally sustainable, lawmakers told

Sanjeev Bhagowalia, the state’s IT director, and Pat McManahan, the state’s human services director, as well as representatives from Kaiser and HMSA health insurance, told state representatives at a Dec. 12 hearing they should consider allowing the state to take over the private nonprofit, which the Legislature set up to implement the Affordable Care Act here.

Bhagowalia said 3,000 to 4,000 people signing up through the exchange — out of a potential 1.4 million — is “not a good outlook for us,” and “the business model will not survive.”