Ohio's Health Insurance "Risk Pool" Faces High Costs, Enrollments

Ohio's High Risk Pool insurance, which is a program that offers health coverage for people with pre-existing conditions, is starting to battle high costs, large enrollments and rate fluctuations, according to a Cleveland Plain Dealer report.

Ohio's high risk pool, which was created last year as part of the Patient Protection and Affordable Care Act, can only help 2,381 people, and roughly 1,800 people are already enrolled in the program, the report said. With an average of 150 new enrollees each month, it could be at capacity by next year. The average enrollee could also see an increase in his or her rate because insurance rates have risen in the state.

The pool offers two different plans: one with a $1,500 deductible and another with a $2,500 deductible. According to the report, monthly premiums can range from around $100 to $700 for individuals.

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