High-risk pools add more plan options in 2011
High-risk insurance pools in at least 23 states will offer patients with preexisting health conditions more plan choices starting next year. Today, only one option is available in the federally funded program. But starting in 2011, patients residing in the 23 states where the HHS is running the high-risk pools will be able to choose between three plan options: a standard plan, an extended plan and a health savings account plan. Additionally, the program will begin accepting certain children at child-only rates. Qualified applicants must have been uninsured for at least six months. The pre-existing condition insurance plans are funded with $5 billion through the Patient Protection and Affordable Care Act. The program sunsets in 2014 when insurers won’t be able to deny care to anyone with pre-existing health conditions.