While many states, like Minnesota, aren’t interested in creating high-risk insurance pools using federal funds under reform at this point, Gov. Schwarzenegger is moving forward with California’s commitment to do so. Until 2014, when insurers are required to cover patients in spite of deleterious pre-existing conditions, Schwarzenegger has signed bills allowing a fraction of that state’s uninsured to purchase coverage in high-risk pools.

In Massachusetts, where everyone is covered, premium rates continue to soar. Because that state subsidizes everyone’s care, those purchasing short-term plans within that its healthcare marketplace often drive up costs for those who are responsible for paying into the system — both individuals and employers. It appears that short term coverage for sicker people increase the cost of care delivery at a greater rate than anticipated among Massachusetts’ more chronically ill. The governor and insurers are working to close this loophole by restricting purchasing periods. | LINK

Related Posts Within Doctor Pundit:

1. MN Governor Rejects Participation in National Reform Effort Involving High-Risk Pools California Governor Schwarzenegger is throwing his support behind healthcare reform...
2. Mass. Reaches Agreement with Yet Another Insurer over Premium Increases The state of Massachusetts has reached a deal with the...
3. Obama Slightly Shifts Tone on Reform Costs; Sebelius Continues PR Assault on Insurance As the midterm election season plows on in full force,...
4. Pennsylvania Takes Early Lead in Reaching High Risk Uninsured Out of the gate, Pennsylvania leads all other states in...
5. Status Update on Reform Law’s Temporary High Risk Pools The SCOTUS announced yesterday that it will not fast track...