Funds run low for health insurance in state ‘high-risk

New Post Public Reply Private Reply Replies (0) Message Board
SaltyMutt

Funds run low for health insurance in state ‘high-risk pools’

By N.C. Aizenman, Published: February 15 | Updated: Saturday, February 16, 12:50 PM

Tens of thousands of Americans who cannot get health insurance because of preexisting medical problems will be blocked from a program designed to help them because funding is running low.

Obama administration officials said Friday that the state-based “high-risk pools” set up under the 2010 health-care law will be closed to new applicants as soon as Saturday and no later than March 2, depending on the state.

But they stressed that coverage for about 100,000 people who are now enrolled in the high-risk pools will not be affected.

“We’re being very careful stewards of the money that has been appropriated to us and we wanted to balance our desire to maximize the number of people who can gain from this program while making sure people who are in the program have coverage,” said Gary Cohen, director of the Department of Health and Human Services’ Center for Consumer Information and Insurance Oversight. “This was the most prudent step for us to take at this point in time.”

The program, which was launched in summer 2010, was always intended as a temporary bridge for the uninsured. But it was supposed to last until 2014. At that point, the health-care law will bar insurers from rejecting or otherwise discriminating against people who are already sick, enabling such people to buy plans through the private market.

From the start, analysts questioned whether the $5 billion that Congress appropriated for the Pre-Existing Condition Insurance Plan — as the program is called — was sufficient.

Initial fears that as many as 375,000 sick people would swamp the pools and bankrupt them by 2012 did not pan out. This is largely because, even though the pools must charge premiums comparable to those for healthy people, the plans sold through them are often expensive.

But it was also because the pools are open only to people who have gone without insurance for at least six months. The result is that, while only about 135,000 people have gotten coverage at some point, they are proving far more costly to insure than predicted.

Many people who are uninsured go untreated, exacerbating their medical problems. When they finally do get coverage through a high-risk pool, they are in immediate need of expensive care.

“What we’ve learned through the course of this program is that this is really not a sensible way for the health-care system to be run,” Cohen said.

Of the original $5 billion, about $2.36 billion remains available for the last three quarters of 2013 — enough only to continue coverage for those already in the pools, according to administration estimates.

The law gave states the option of either administering their pools directly or allowing federal authorities to operate them. In 27 states that have chosen direct management, applications for new enrollment can be accepted only through March 2. In 23 states and the District, where the pools are operated by the federal government, only applications received through Friday will be considered.

Obama administration officials said they did not have estimates for how many more people would have sought coverage through the pools beyond then. But Cohen said that new enrollment has averaged about 4,000 people per month in the past several months, suggesting that the figure could number in the tens of thousands.

Asked why the administration has not requested additional money from Congress to keep the program open — admittedly a tough sell in the current political and budgetary environment — Cohen said, “My responsibility is to work with the appropriation we have.”

About 129 millionpeople nationwide have a medical condition or prior illness that would make it hard for them to buy their own insurance plan.

Large numbers of them can and still do obtain full coverage through employer-sponsored plans, which generally do not treat sick people differently.

An additional 215,000 people are insured through separate high-risk pools that 35 states fund through their own budgets — although the policies often do not pay for treatment of the person’s preexisting illness, only covering new illnesses the person may develop.

Between 9 million and 25 million people with preexisting conditions are uninsured, depending on the estimate.

Among those stunned by Friday’s news was a 61-year-old Virginia woman who is battling stage-four breast cancer. The woman, who asked to be identified by her middle name, Joyce, because she wants to keep her illness private, is self-employed and had bought her own insurance for years.

Late in 2010, however, the insurer that Joyce was using pulled out of Virginia. She was healthy at the time. But when she applied to other companies, she was told that because she had been diagnosed with— and successfully treated for — an earlier breast cancer, she was ineligible for coverage.

Joyce said she was unaware of the high-risk pools at the time and remained ignorant of the option even as she was diagnosed with her current cancer. As the disease has progressed, the cost of her treatment has skyrocketed. The latest expense, a 10-week course of chemotherapy that she expects to total about $30,000, as well as additional tests that could top $8,000, has forced her to dip into her retirement savings.

It is only in the past several weeks that Joyce learned of the high-risk pool, and she was on track to finalize her application Sunday.

On Friday, she scrambled to get it in by the unexpected new deadline. She said the computer system appeared to accept her entries, but she will be on tenterhooks until she finds out for sure.

“I feel like the rug has been pulled out from under me,” Joyce said. “On every level, this is just beyond discouraging.”

© The Washington Post Company

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Solstice Advances Foam Agent with Eco-Friendly Twist

Updated Category News Views 51

A New Phase in Foam Blowing Agents You don’t come across a true leap in materials technology every day, and that’s exactly what's unfolding with Solstice Advanced Materials' latest venture. They’re not just talking the talk; they've hit a milestone in developing a next-gen foam blowing agent. This isn't just another tweak in a spreadsheet—it's a potential pivot in...

Continue Reading
Formation Unveils First Solana Tokenized Securities Venue

Updated Category News Views 82

Well, here we go. Formation Securities is setting sail on the high seas of blockchain, aiming to operate a tokenized securities venue (TSV) on Solana. This isn't your garden-variety launch—it's a bold leap into a newer, faster-paced world of trading. Sure, you’ve heard about blockchains before, but this operation marries the traditional rigmarole of the stock market...

Continue Reading
Outpace SEO Claims Impressive 3.7x Client ROI Boost

Updated Category News Views 53

Outpace SEO's Bold Promise: A Data-Driven Success The SEO game isn't for the faint-hearted. You either step up or get left behind. Outpace SEO, hailing from Oklahoma City, has decided to set their own rules with a boastful claim of a 3.7x return on investment (ROI) for their clients. That kind of promise sets the bar high, and it's tied to their data-driven approach to...

Continue Reading
Texas Author's Memoir Journeys Through Trauma and Growth

Updated Category News Views 73

Finding Clarity Amid Chaos When life throws the unexpected, some folks crumble, but others, like Joyce L. Skala, sift through the rubble for clarity. Her debut memoir, "There's No Such Thing as Bad," weaves through personal chaos—embracing trauma and loss like a late-night poker game where the house always wins. Born from the charred memories of her family's home...

Continue Reading
Creality's Kid-Friendly AI 3D Printer Debuts at $329

Updated Category News Views 15

Creality Unpacks mBox for Young Innovators You squint at the market to find the next big thing, and here comes Creality tossing a fancy innovation into the ring. Meet the mBox—a kid-operated, AI-driven 3D printer. This little contraption is set to spark youthful imagination, not just buzz amongst hobbyist circles. They're rolling this out on TikTok Shop from November 9...

Continue Reading
Tech Vet's Career Shift: Seniors Helping Seniors Launches

Updated Category News Views 66

From Silicon Valley Hustle to Heartfelt Care So, Lindsey Keefner, a seasoned pro from Pasadena's tech scene, is ditching the buzz of artificial intelligence to focus on something raw and real—human connection. After two decades of tech gigs, this ex-exec is launching a branch of Seniors Helping Seniors® in Pasadena-Glendale. And let me tell you, this isn't about profit...

Continue Reading
ZEISS Expands in China: Tackling Myopia's Surge

Updated Category News Views 106

ZEISS Sets Sights on China’s Myopia Epidemic They're calling myopia a public health crisis in China, and if you've seen the statistics, that's no exaggeration. Enter ZEISS Medical Technology, angling for a piece of the pie with their newly NMPA-approved PT LUNANA phakic intraocular lens. This is more than just another medical product, folks. It's a strategic entry into...

Continue Reading
Telespazio & Rivada Forge Secure Satellite Network

Updated Category News Views 131

Rivada's Outernet: A New Era of Connectivity Forget the terrestrial wires; we're talking about 600 satellites playing a space-age game of telephone. That's Rivada's Outernet for you, an orbital mesh network that's about to upend the very nature of global communications. Telespazio's new partnership with Rivada is like strapping a rocket onto secure connectivity in the...

Continue Reading
OpenAssets Sets Up Shop in Abu Dhabi, Joins Hub71

Updated Category News Views 49

OpenAssets Carves a Niche in Abu Dhabi OpenAssets has just staked a claim in the Middle East by setting up its headquarters in the Abu Dhabi Global Market (ADGM). Picture this: a digital asset infrastructure provider unfurling its wings in one of the most dynamic economic landscapes—it's like watching a rookie clinch the game at the stock pit. But there's more, folks....

Continue Reading
Trimble's AI Tool Tackles Chronically Delayed Projects

Updated Category News Views 69

Facing Down Delays with Trimble's New AI Tool In an industry where timelines are often more of a suggestion than a rule, Trimble's dropping a new hammer with its Connect Scheduling solution. This isn't your garden-variety update; it's a full-fledged assault on the inefficiencies plaguing construction scheduling today. With Trimble Connect Scheduling, folks on the ground...

Continue Reading

Top 5 Most Recently Viewed Articles

RADCam Unveils Innovative Package Theft Prevention for Homes

Updated Category News Views 183

RADCam Revolutionizes Home Security with New Feature RADCam, a leading innovation in home security solutions, has recently unveiled a groundbreaking feature named ‘Package Theft Prevention’. This cutting-edge enhancement is set to redefine how homeowners protect their packages from unauthorized removal. With an increasing number of package theft incidents in...

Continue Reading
TIER IV Introduces Innovative GMSL2-10GbE Module for Autonomy

Updated Category News Views 250

TIER IV Unveils the GMSL2-10GbE Conversion Module TIER IV, a leader in open-source software for autonomous driving, has proudly launched the new GMSL2-10GbE conversion module, developed collaboratively with the semiconductor powerhouse, Analog Devices (ADI). This innovative product expands TIER IV's Edge.Auto platform, designed for accelerated autonomous driving system...

Continue Reading
Climb Global Solutions Announces Q3 2024 Conference Call Details

Updated Category News Views 223

Join Climb Global Solutions for the Third Quarter 2024 Conference Call Climb Global Solutions, Inc. (NASDAQ: CLMB), a leading global IT channel company, is gearing up for an important event. On the last day of October, the company plans to hold a conference call aimed at discussing its financial results for the third quarter of the year. This presentation is highly...

Continue Reading
Discover How BlockchainCloudMining Transforms XRP Earnings

Updated Category News Views 158

BlockchainCloudMining Revolutionizes Passive Income for XRP Holders BlockchainCloudMining has emerged as a leading cloud mining platform, significantly enhancing the ability of XRP holders to generate passive income. Users can reportedly earn up to $6,700 per day through its reliable contract-based mining service. As traders face unpredictable market fluctuations,...

Continue Reading
Empower Brokerage Honored for Community Support and Charity

Updated Category News Views 174

Empower Brokerage Receives Recognition for Philanthropy Empower Brokerage has recently been awarded the prestigious Blaze Award for its unwavering support towards the Me Squared Cancer Foundation. This award was presented in acknowledgment of the company’s significant contributions to the charity, which aims to assist cancer patients with financial aid and essential...

Continue Reading