Jan
20

States Using High-Risk Pool Funding More Quickly Than Anticipated.

By admin

CQ (1/18, Adams, Subscription Publication) questions whether giving “more money to states that are close to exhausting their allocations” for high-risk pool programs will cause other states “to lose some funding.” Brian Chiglinksy, a spokesman for the federal Center for Consumer Information and Insurance Oversight, remarked, “This is an ongoing process and we continue to work with other states to meet their needs. We will adjust each state’s yearly allotment as necessary.” CQ notes that “the reason why some states are using their funding more quickly than expected is largely due to higher medical costs than anticipated.”

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