The winning talking point of the Obamacare mandate was that people with pre-existing conditions could not be dropped from coverage or denied coverage for health care. Healthcare.org describes each disease or condition a person diagnosed has resulted in an individual’s insurance was dropping their coverage or denial. As a result, the Government created the Pre-existing Condition Insurance Program (PCIP), a transition program, that people with pre-existing conditions shall be provided with health care insurance now and easily transfered over to the Patient Protection and Affordable Care Act when it becomes fully implemented in 2014. That way people have health care coverage instead of people being stranded in a no health care no man’s land until 2014.
PCIP is administered by either the federal or state government but isn’t necessarily apart of a federal or state exchange (There are only 17 states with a state run exchange). If run by the state, the “State will operate a new high-risk pool alongside an existing state high-risk pool, establish a new high-risk pool (if the state does not currently have one), build upon other existing coverage programs designed to cover high-risk individuals, or contract with current HIPAA insurance carriers or insurers of last resort to provide subsidized coverage.” Currently, 27 states provide PCIP coverage. State PCIP providers will suspend their program March 2nd.
If the PCIP is administered by the federal government, the Department on Health and Human Services runs the coverage program. This federal program started off with $5 billion dollars in 2010 and has officially closed in February! The current fund can only pay for those already enrolled, and the government can no longer accept anymore applicants. As the National Review Reports, “The average cost per enrollee in 2012 was $32,108 a year. But the costs varied widely by state, from a low of $4,276 per enrollee to a high of $171,909, and some patients have annual claims as high as $225,000 per person.” Healthcare.org breaks down by state those people who are covered by PCIP. Healthcare.org has estimated that 110,888 people have been enrolled in PCIP. Ten months from the full implementation of Obamacare, it is now estimated that at least 40,000 people with pre-existing conditions will be dumped off into the land of misfit toys….unless….Details