Commonwealth releases paper on PCIP
Posted on September 13, 2012 | No Comments
The Affordable Care Act’s (ACA’s) Pre-Existing Condition Insurance Plan (PCIP) is the temporary, federal high-risk pool which will provide coverage to uninsured individuals with preexisting conditions until 2014, when exchange coverage becomes available. Nearly 78,000 people have enrolled since the program was implemented two years ago. An issue brief recently released by the Commonwealth Fund compares the PCIP with state-based high-risk pools that existed prior to the ACA. The paper discusses the programmatic differences that could have caused the lower-than-anticipated enrollment and higher-than-anticipated costs for the PCIP. PCIP coverage, like state high-risk pool coverage, likely remains unaffordable to most lower-income individuals with preexisting conditions, but provides much needed access to care for those able to afford it. Operational costs of these programs are also quite high, making them less than optimal as a means of broader coverage expansion.