Managers of the state-based health insurance exchange in Hawaii say they need more cash even to shut the program down properly.

The governor signed a $2 million Hawai'i Health Connector bill into law last week. Exchange managers had asked for at least $5.4 million.

Jeffrey Kissel, the exchange executive director, reportedly told the exchange board last week that the exchange needs more than $2 million to help pass control of the exchange on to the U.S. Department of Health and Human Services in time for the 2016 Patient Protection and Affordable Care Act open enrollment period, according to reports in the Honolulu Star-Advertiser and other publications in Hawaii.

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Allison Bell

Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.