Premiums For New "High Risk" Pool Could Be Steep

By: Associated Press Email
By: Associated Press Email

Consumer advocates are urging uninsured people with health problems to sign up for President Obama's new health coverage plan soon, despite the costs.

That's because they can't be turned away for medical reasons.

Richard Popper of the Health and Human Services department says monthly premiums will vary by state - from $140 a month to as much as $900.

The price is based on individual health insurance rates in each state, which can differ dramatically because of medical costs and the scope of coverage.

The Pre-Existing Condition Insurance Plan will start taking applications Thursday in many states, and coverage will be
available as early as August 1.

States had the option of running the programs or allowing the U.S. Department of Health and Human Services to run them.

Texas, along with 21 other states, opted out.

The new plan is intended to remain available until 2014, when core health care overhaul provisions take effect.

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