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High-risk insurance pools short on enrollees

Politico, February 15, 2012

When the health care law passed nearly two years ago, the conventional wisdom was that the temporary insurance pools meant to carry the high-risk uninsured until the coverage expansion kicked in would tear through their $5 billion budget in no time. That didn't happen. Now the conventional wisdom is—there is no conventional wisdom. Some states are tearing through their money, having attracted a small but very, very sick pool of people. And others are not.