Obamacare: High risk insurance pools running out of money 2 years too early (regular, Denver)

[HappyTexan]

They were funded for 4 years but are in the red as costs are twice the national average.
Colorado is turning down people now.
9 states are in the red and asking the Fed for more money. The Fed said yes. Where did they find that money..hiding under a rock ?

Texas said no to the administering the high risk pool and let residents use the Fed pool.
Texas also said no to the upcoming regular pool and will let residents use the Fed pool.

How is this bringing down costs when it's running at twice the national average ?

What did your state do ?


Colorado high-risk health insurance pool runs up claims twice the U.S. average - The Denver Post

Another state's story:
High-Risk Insurance Pool Running Out Of Funds | NBC 4i

[HappyTexan]

Hrm..no takers eh ?

Got a train wreck in progress here and no one cares.

[SourD]

I care and am waiting to read the excuses that will come flying out from the paid misinforming agents. I just read another article that says the total cost for Obamacare has now found to be double of what Bams said it would cost. Over 2 trillion now.

[HappyTexan]

Originally Posted by SourD

I care and am waiting to read the excuses that will come flying out from the paid misinforming agents. I just read another article that says the total cost for Obamacare has now found to be double of what Bams said it would cost. Over 2 trillion now.

Best to go and check what your state did with the high risk pool and what they plan to do with the upcoming pool.

I think states are going to be on the hook for coverage...just like the education fiasco that got partially funded with stimulus money and then ended with many teachers getting layed off.