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Old 06-21-2010, 07:07 PM   #2260
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
Interesting assessment. I wonder how it will play out between now and 2014?

Quote:
Healthcare reform's high-risk insurance pools could end up excluding hundreds of thousands of Americans or costing three times more than what's budgeted now, the Congressional Budget Office said Monday. In a letter sent Monday to Senate Health, Education, Labor and Pensions (HELP) Committee ranking Republican Mike Enzi (R-Wyo.), CBO Director Doug Elmendorf laid out the stark choices facing a program that's meant to help cover sick Americans until the nation's healthcare system is overhauled in 2014.

The program's $5 billion budget will probably run out before 2013, Elmendorf writes. Extending it until 2014 to the 600,000 to 700,000 eligible Americans who are likely to enroll by then would cost an extra $5 to $10 billion, for a total of $10 to $15 billion. Several million people would be eligible for the program, he adds, but most are not likely to enroll.

Health and Human Services Secretary Kathleen Sebelius also has the authority to cap enrollment.

"On that basis, CBO expects that the number of enrollees in the program will average about 200,000 over the 2011-2013 period," Elmendorf wrote. "If, instead, more people are allowed to sign up initially, the available funds will probably be exhausted prior to 2013, but total spending for the program will still be capped at $5 billion."
http://thehill.com/blogs/healthwatch
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