GOP's High-Risk Funding Plan Too Risky for Some

House Republicans abandoned their latest attempt to reroute health reform money to fund high-risk insurance pools for those with pre-existing medical conditions, after conservative representatives within the party voiced strong opposition to increasing the government's role in funding healthcare, according to a report by the Miami Herald.

The initial plan would have pulled $3.6 billion from the Prevention and Public Health Fund to continue funding the high-risk pools in states, which are expected to sunset once the Patient Protection and Affordable Care Act goes into full effect next year barring insurers from denying coverage to such individuals and requiring the individuals to buy insurance through their employer or through the health insurance exchanges. Money from the prevention fund was already tapped into in the president's budget in order to implement the health law in the coming year.

Republicans say they will reopen the plan for discussion with members of their party when lawmakers return in May from recess.

More Articles on Health Insurance:

Politicians, Staff Craft Plan to Avoid Health Coverage From Exchanges
8 States Spent $28M in Exchange Grants, Then Dropped Plans
Washington State Floats Plan to Drop Health Plans, Push to Exchanges

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>