Missed this one in this morning’s Glean: The Washington Post uses Minnesota’s Comprehensive Health Association, a high-risk insurance pool, as example of how John McCain’s healthcare program might work.
The Post reporter, Amy Goldstein, calls Minnesota’s program the nation’s “oldest, largest and, many believe, the most successful.”
She notes McCain’s strategy — segregating chronically ill folks who can’t get insurance coverage — differs from Obama’s plan, which puts those costs on everyone’s insurance by forbidding insurers to discriminate.
Minnesota’s high-risk participants pay 20 percent more than average; some are opting for $10,000 deductibles to keep premiums lower. Meanwhile, the program’s “finances are strained,” Goldstein notes — and insurers are finding ways to avoid kicking in to a program with a projected $150 million deficit.