The media are finally waking up to the fact that the temporary high-risk pools created by the new health-care law were completely unfunded. Only $5 billion was set aside for the program, which is probably less than a third of what would be required to keep the program funded until 2014. This should not be news to Congress or people closely following the health-care debate. Back in December 2009, the Center for Medicare and Medicaid Services (CMS) clearly concluded, “By 2011 and 2012 the initial $5 billion in Federal funding for this program [high risk pools] would be exhausted.” A fact FDL chose to highlight.
|By: Jon Walker Wednesday June 30, 2010 6:01 am|