Fix Health Care Policy

Side Effects: Another Obamacare Initiative Bites the Dust

On Monday, the Obama Administration signaled that another part of its signature health care law may not be working out as planned. The Centers for Medicare and Medicaid Services (CMS) put an end to a program that offered a $100 incentive to insurance brokers and agents for recommending eligible people to Obamacare’s Pre-Existing Conditions Insurance Plan (PCIP).

Obamacare created the PCIP, commonly called a high-risk pool, as a temporary way to cover those with pre-existing or chronic conditions before 2014, when insurance companies will be prohibited from excluding people based on health conditions.

In an explanation of the Administration’s decision, Ryan Young, senior director of federal government affairs for the Independent Insurance Agents & Brokers of America, stated, “They just said enrollment’s up to where we want it to be, basically, and we don’t need your services anymore.”

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