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Access to the “high risk pool” is limited and the pool is underfunded. It will cover few people, and will run out of money in 2011 or 2012
Only those who have been uninsured for more than six months will qualify for the high risk pool. Only 0.7% of those without insurance now will get coverage, and the CMS report estimates it will run out of funding by 2011 or 2012
WASHINGTON — President Barack Obama’s new health care law has a gap when it comes to one of its much-touted immediate benefits, improved coverage for children in poor health, congressional officials confirmed Tuesday.
Under the new law, insurance companies still would be able to refuse new coverage to children because of a pre-existing medical problem, said Karen Lightfoot, spokeswoman for the House Energy and Commerce Committee, one of the main congressional panels that wrote the bill that Obama signed into law Tuesday
The special exemptions slipped into the health care law are another example of how those statists who rule consider themselves a privileged class, imposing burdens on the country that they will not accept themselves. Candidates for office in 2010 should pledge to close these and other loopholes in the law that impose unequal burdens and create exclusive privileged classes in America. Meanwhile, we await Mr. Obama's explanation why if his "historic" health care law is so great for America, it's not good enough for him and his family.
Democrats have shied away from regulating premiums in the face of charges from business leaders and Republicans that controlling what insurers charge would be meddling too much in the private sector.
As a result, while states have long supervised what companies charge for mandated automobile and homeowners insurance, the idea has been largely banished from the health care debate. . . .
Nor are lawmakers seriously considering any proposals to regulate what doctors, hospitals, drug makers and other health care providers charge — a strategy used by several European countries to control health care spending
Under the nation’s health care reform plan, the nation’s Medicaid system will grow as one of the main organizations to implement the goal of expanded medical coverage.
But it appears that, from a financial standpoint, some states will be winners and some will be losers in this new arrangement.
Here's a look at why some states may stand to benefit. Later today, the Monitor will look at other states, which are complaining that it will cost their taxpayers a lot more money in the future.