Program depletes funds for "high-risk" health coverage pools

02/18/2013 | Washington Post, The

Funding is running out for a program aimed at providing health insurance to those with pre-existing conditions, federal officials said. The program established state "high-risk pools" three years ago and was intended to accept applications until 2014, but it will wind down its acceptance of new applicants by March 2. "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 of the Department of Health and Human Services.

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