High Risk Pools Likely to Run Dry, Kiplinger Says

From The Kiplinger Letter, April 9, 2010:

At least one new health care program’s likely to run out of money too soon.  Subsidized high risk insurance pools for adults with preexisting conditions may run through the $5 billion of federal funds allocated for them long before 2014, when they’ll no longer be needed.  That’s when a ban on insurers denying coverage to affected adults kicks in.  Odds are the statewide pools will be popular, so Congress will have to deal with the dilemma of whether or not to fork over more taxpayer funds.  States that are challenging the law won’t turn up their noses at the money.  And if a state opts not to run the program itself, the feds will get a nonprofit to do it.

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