High Risk Pool - What You Need To Know
A high risk pool is a specialized type of health insurance plan designed to help a small percentage of the population get health coverage when they otherwise could not.
Over half of the population of the United States gets health coverage through their employer, while another three out of ten individuals are covered through national or state programs such as Medicaid, Medicare, or CHIP (children's health insurance programs).
An estimated twelve percent of the population does not have health insurance, leaving a very small percentage that has purchased health insurance from a private company.
Some of these individuals are denied health care because of preexisting medical conditions (cancer, diabetes, etc.
), and for this small number of people, this program is the one solution.
The program was created roughly thirty-five years ago in order to help those that were denied standard coverage.
Today, two hundred thousand citizens across thirty-four states are covered by risk pools, although the effectiveness of these risk pools varies significantly by state.
Certain states offer effective coverage at affordable prices through this program (although this program is almost always more expensive), whereas other states provide very little help through this program because of poor implementation, insufficient funding, and so on.
The recent legislation regarding health care is partly aimed at revamping the high risk pool system, making many states' risk pool systems more effective as well as more affordable.
If you have been denied medical coverage because of a preexisting condition and could not afford coverage in past years, the Affordable Care Act may have changed the way this program work in your state.
Again, the effectiveness still varies from state to state, so doing a little research to see if risk pools are offered and, if so, how affordable and effective they are is important.
That said, this program can be a valuable option for people suffering from long term illnesses that have nowhere else to turn.
The existence of risk pools means that everyone has at least some access to health coverage, even if they are normally turned away by health insurance companies.
The recent risk pool legislation means that things are moving in the right direction, and with any luck, medical insurance will become even more affordable and even more effective as time goes on, making it available and useful to a greater number of Americans.
If you need assistance in locating particular coverages at a pre-determined price, we can help save 50% on health insurance
Over half of the population of the United States gets health coverage through their employer, while another three out of ten individuals are covered through national or state programs such as Medicaid, Medicare, or CHIP (children's health insurance programs).
An estimated twelve percent of the population does not have health insurance, leaving a very small percentage that has purchased health insurance from a private company.
Some of these individuals are denied health care because of preexisting medical conditions (cancer, diabetes, etc.
), and for this small number of people, this program is the one solution.
The program was created roughly thirty-five years ago in order to help those that were denied standard coverage.
Today, two hundred thousand citizens across thirty-four states are covered by risk pools, although the effectiveness of these risk pools varies significantly by state.
Certain states offer effective coverage at affordable prices through this program (although this program is almost always more expensive), whereas other states provide very little help through this program because of poor implementation, insufficient funding, and so on.
The recent legislation regarding health care is partly aimed at revamping the high risk pool system, making many states' risk pool systems more effective as well as more affordable.
If you have been denied medical coverage because of a preexisting condition and could not afford coverage in past years, the Affordable Care Act may have changed the way this program work in your state.
Again, the effectiveness still varies from state to state, so doing a little research to see if risk pools are offered and, if so, how affordable and effective they are is important.
That said, this program can be a valuable option for people suffering from long term illnesses that have nowhere else to turn.
The existence of risk pools means that everyone has at least some access to health coverage, even if they are normally turned away by health insurance companies.
The recent risk pool legislation means that things are moving in the right direction, and with any luck, medical insurance will become even more affordable and even more effective as time goes on, making it available and useful to a greater number of Americans.
If you need assistance in locating particular coverages at a pre-determined price, we can help save 50% on health insurance
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