"A government high-risk pool does not exist. And for individual states to fund their own pool requires money. States like my own and like neighboring Kansas and Illinois can't cut spending fast enough to keep up with deficits. Where are they going to get the money for a high-risk pool?"
I'm sorry I wasn't clear. I didn't mean STATE funding for for a high-risk pool. I meant that if insurance companies were allowed to go Interstate, THEY could possibly provide high-risk premiums. Not every medical precondition means long term cancer type care. Interstate coverage would be a big plus and and you would see many health insurance companies grow. Growth means more doctors, hospitals, urgent care clinics, and lower premiums and deductibles.
I'm not a Doctor, Nurse, or other health care professional, but I have stayed at a Holiday Inn.
Insurance companies strive to keep their risks low in relation to their premiums so why would the insurance companies set up high-risk policies? They will attract customers guaranteed to file claims far in excess of the premiums they would pay. No way they could make money off them, or even come close to breaking even.
Interstate coverage would be a big plus and you would see many health insurance companies grow.
Interstate sales of health care insurance have been colossal failures in the half-dozen or so states where it has been tried and with good reason. Insurance companies control costs by establishing a network of providers and negotiating fixed prices for their services. They have no incentive to sell policies in states where they don't have networks, and no incentive to go to the time and expense of establishing them for a handful of customers.