California tried High-Risk Pools. What were the results? Not good.

As KPCC reports, the GOP health care bill that cleared the House yesterday

“…would give states the option of setting up high-risk pools to help pay for the care of their sickest residents. California has had experience with high-risk pools, and it was largely negative.

Why? It has expensive premiums, restricted enrollment, and an annual cap of $75,000. That annual cap is shockingly low for a program designed to treat people with chronic, terminal, or complicated conditions. The GOP amendment plans to allocate $8 billion to high-risk pools, which is not enough: it is next to nothing when spread out over time and the number of people who would need it.

In its “Sounds Like a Good Idea” series, the Kaiser Family Foundation presents an informative video explaining high-risk pools.

HCA