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House Panel Discussion On The Future Of HealthSource RI

The Director of Health Source RI, Christine Ferguson, told that House Finance Committee yesterday that if Rhode Island gave up on HealthSource it may have to pay a financial penalty.  The state received about $140 million dollars in federal funds to build and operate Health Source RI and not all the money has been spent yet. A bill was reviewed by the panel yesterday directing the governor to transfer operations to the federal government due to the financial burden it could put on the state. The AP reports that Ferguson said ratepayers will still have costs to bear if Rhode Island uses the federal exchange and she is working to bring down operation costs to about $16.9 million dollars if HealthSource remains in state hands.

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