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.

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