Obamacare Already Rationing Pre-Existing Conditions Coverage
Those who just fell off the pumpkin truck and are still scratching their heads about exploding premiums and deductibles under Obamacare are in for another shock: it’s already being rationed.
Ala CNS News:
A pre-existing condition health insurance program established by Obamacare is already straining its own budget and, to control costs, the administration’s Health and Human Services Department (HHS) has stopped enrolling any new people in the program, according to an audit by the General Accountability Office (GAO).
In addition, to further control spending, HHS has directed the program to shift more of the costs onto the current enrollees, thus raising the out-of-pocket health care expenses for the people with pre-existing conditions.
“Finally, due to growing concerns about the rate of PCIP [Pre-existing Condition Insurance Program] spending, in February 2013, CCIIO [under HHS] suspended PCIP enrollment to ensure the appropriated funding would be sufficient to cover claims for current enrollees through the end of the program,” states the GAO report, Patient Protection and Affordable Care Act: Enrollment and Spending in the Early Retiree Reinsurance and Pre-existing Condition Insurance Plan Programs.
It’s bizarre how the experiences of other nations with massive government healthcare programs also apply to this monstrosity, huh? Well, log another one for the history books. Next thing you know, Nobel Prize-winning economists will be calling for “death panels.”