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Hawaii Secures $700 Million Settlement for Medicaid Support

5/15/2025

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Summary

Story summary

Hawaii is set to receive a significant $700 million from a settlement with pharmaceutical giants Sanofi and Bristol Myers Squibb, stemming from a blood thinner lawsuit. Governor Josh Green emphasized that this funding will help counteract looming federal cuts to Medicaid and food assistance programs, with the settlement anticipated in June, potentially prompting a special legislative session.

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Story summary

Hawaii is set to receive a significant $700 million from a settlement with pharmaceutical giants Sanofi and Bristol Myers Squibb, stemming from a blood thinner lawsuit. Governor Josh Green emphasized that this funding will help counteract looming federal cuts to Medicaid and food assistance programs, with the settlement anticipated in June, potentially prompting a special legislative session.