High-risk pools running short on cash

02/18/2013 | Kaiser Health News

The federal government announced cost increases and other changes affecting almost 38,000 enrollees in high-risk insurance pools to keep the program solvent. "We have a set amount of money, and we will not exceed it," said the director of the Center for Consumer Information and Insurance Oversight, Gary Cohen. The pools will expire when rules addressing coverage of people with pre-existing conditions take effect.

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