The Hill: HHS to cut off enrollment for health law’s high-risk pools
Due to running out of funds. The funds will continue to insure enrolled members but will no longer accept new applicants starting March 2nd (earlier dates in some cases).
The high-risk pools came with $5 billion in funding. Slightly less than half of that money remains — only enough to cover the expenses of the roughly 100,000 people who are already enrolled for the rest of this year, according to the Post.
The logical conclusion reached by the HHS:
But a top HHS official told the Post that the experience with this high-risk pool shows that “this is really not a sensible way for the health-care system to be run.”
I agree running a high risk pool with no waiting period for pre-existing conditions invites people to wait until their sick to enroll. I wonder how this compares with the state run high risk pools, such as Cover Colorado, that do have a 6 month waiting period regarding pre-existing conditions?