Study: Obamacare Fails to Pay for High Risk Pools
President Barack Obama's new healthcare law reportedly doesn't allocate nearly enough money to cover the estimated 5.6 million to 7 million Americans with pre-existing medical conditions who will qualify for temporary high-risk insurance pools
An analysis by the Center for Studying Health System Change found that the new law “could leave hundreds of thousands of potential participants with serious medical problems unable to obtain coverage,” and concluded that the $5 billion earmarked for the pools might cover as few as 200,000 people a year.
That’s double the number of people now covered by underfinanced risk pools in 35 states, the New York Times reported.
The gap will force policymakers to freeze enrollment in the new pools, limit access and benefits, or increase premiums, prompting officials in 20 states to decline to establish their own federally financed pools because of concerns over intense pressure to pick up the burden if the money runs out.
No comments:
Post a Comment
Spamming will be removed.
Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.
Note: Only a member of this blog may post a comment.