PCIP provides coverage to individuals with pre-existing conditions until 2014, when the federal health reform law mandates that private insurers accept all applicants regardless of pre-existing conditions.
To qualify for coverage in PCIP, an applicant must be a U.S. citizen or documented resident, have lacked medical coverage in the past six months and have a medical condition that could warrant denial of coverage.
How the Funding Affects PCIP
The new funds bring the total federal contribution to California’s PCIP to $347 million as opposed to $229 million annually.
According to officials at the state Managed Risk Medical Insurance Board (MR MIB), which runs PCIP, the funds were needed to expand the program and keep up with the costs of claims. Monthly costs per member have risen more than threefold from what was initially estimated.
Sarah Smith — a spokesperson for MRMIB — said that PCIP enrollment at the end of November was 5,972. If California had not received the additional funds, enrollment would have been capped at 6,800 through December 2013.
Well my fellow follower, it appears that the PCIP plan will thankfully be available for those who need it desperately. Or those who just need it. I am of the belief that health conditions need to be treated and we Americans need to care for each other!. Leave me a word or two on how you feel about todays post….I’m very interested 🙂