Let's see, that works out to $14,457 per person. the laws of adverse selection at work:
The federally sanctioned high-risk insurance pool for Colorado is signing up fewer patients and burning through its limited cash faster than expected, as the plan attracts the sickest of the sick.
Federal health officials gave Colorado $90 million to run the high-risk pool, expecting at least 4,000 patients to join.
Instead, about 830 have taken the insurance since the program began a year ago, but they have used $12 million of the federal subsidy money.
Read more: Colorado high-risk health insurance pool burning through money fast - The Denver Post http://www.denverpost.com/news/ci_18404536#ixzz1REx8HRIN
Read The Denver Post's Terms of Use of its content: Terms of Use - The Denver Post
Federal health officials gave Colorado $90 million to run the high-risk pool, expecting at least 4,000 patients to join.
Instead, about 830 have taken the insurance since the program began a year ago, but they have used $12 million of the federal subsidy money.
Read more: Colorado high-risk health insurance pool burning through money fast - The Denver Post http://www.denverpost.com/news/ci_18404536#ixzz1REx8HRIN
Read The Denver Post's Terms of Use of its content: Terms of Use - The Denver Post
