WASHINGTON (CN) – In 2014, refusing health insurance coverage to those with pre-existing medical conditions will be prohibited, under the Affordable Care Act. Until then, the Department of Health and Human Services is establishing a temporary high risk health insurance pool program for coverage.
The health department will make insurance available, either directly or through contracts with states or nonprofit private entities. The program should insure many who have had too high an income to qualify for Medicare or Medicaid, and have been rejected by insurance carriers because the risk of a payout is too high.
The health department’s program will address exorbitant health insurance rates, too, another reason those with pre-existing conditions remain uninsured. The insurance still may be costly, but the department believes it will be affordable.
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