Alabama not on the hook for high-risk health insurance pool
by AnnistonStar
 Around the State
Apr 23, 2010 | 935 views |  0 comments | 12 12 recommendations | email to a friend | print | permalink

The Press-Register reports state insurance regulators had some questions answered and have some new questions about the new health care law.

Gov. Bob Riley  has until next Friday to decide whether the state is at least tentatively interested in running the "high-risk" insurance pool to be created under the new health care law.

While the law provides $5 billion nationwide to help with expenses through 2013, insurance officials in both Alabama and Mississippi voiced concern last week that if the money ran short, their state treasuries could be on the hook. That won't be the case, Ingram said Thursday, but it's still unclear what would happen if the pools run out of money.

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