Health Insurance Blog - Alaska Health Insurance: Large Spending for High Risk Pool

 

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Here are the latest updates for bryantmaroney.mymedical@blogger.com   "Health Insurance Blog" - 1 new article Alaska Health Insurance: Large Spending for High Risk Pool More Recent Articles Search Health Insurance Blog Prior Mailing Archive Alaska Health Insurance: Large Spending for High Risk Pool Alaska is looking to spend a surprising $200k per year for each high risk pool member based on Kaiser Health News article by Phil Galewitz.  Alaska is one of the most expensive places to live in the United States and these increased costs apply to health care as well.  High risk pools are being set up under the federal government to assist uninsured individuals who have pre-existing conditions.  Alaska expects to spend $10 million this year to include about 50 members which equates to around $200,ooo per person. Cecil Bykerk, executive director of the Alaska Comprehensive Insurance Association, which is running this pool, points out how expensive Alaska health care is, and although there’s a small number of people, the average cost of a claim is higher than expected.  The high risk pool appeals all types of high risk patients including pregnant women, and children who need heart transplants.  The costs far outweigh the original allocation of $13 million from the government under the pre-existing condition insurance plan. Alaska is one of nine states to need additional funding and hopefully it will all work out since New Hampshire and California have already received more money.  Alaska has already spent $4.5 million since the pool started in September of 2010.  In December, Alaska asked for more money to avoid running out of funds before the plan ends in 2014.  According to Bykerk, Alaska officials are still awaiting a decision on whether or not their needs will be fulfilled. Written by Sam Tabes Follow me on Twitter:  https://twitter.com/#!/smartshopper78   • Email to a friend • Article Search • • More Recent Articles Introducing Simple Blue PPO From Highmark Will Medicare Eligibility Be Raised to Age 67? BCBSSC Focuses on Quality for 2012 Aetna Health Insurance & Best Buy: An Unlikely Pair Breakdown of How Health Insurance Premiums Are Used

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