After experiencing claims that have now totaled twice the average for the country, the struggling high-risk health insurance pool in Colorado has now asked the federal government for additional funding of almost $15 million more than originally anticipated. Colorado has already received $90 from a total pool of $5 billion in federal money for assistance in carrying out an element of the country’s healthcare reform which involved insuring high-risk uninsurable individuals. The funds were meant to hold out until the insurance regulations are fully in place in 2014, at which…
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Colorado approves federal grant for health insurance exchange
Legislators in Colorado have approved of a $18 million grant from the federal government that will help the state build its own health insurance exchange in a 9-1 vote late last week. The money will be used to fund the Colorado Health Benefit Exchange, which aims to provide a virtual marketplace where consumers can find affordable insurance products. Earlier this year, lawmakers approved of the building of an exchange and assigned a group of legislators to oversee the exchange and determine the benefits it would bring to the state’s insurance…
Read MorePatients look to paramedics to help with growing healthcare needs
Groups of paramedics in a number of states are making an effort to assist with the gap in primary healthcare by providing some patients with house calls; an initiative that the federal healthcare law is hoping will help to address the primary healthcare shortages and to reduce the emergency room and doctors’ office visits that are much more costly. Examples of the types of services performed by these paramedics are patient prescription checks, electrocardiograms, drawing blood, changing dressings, and making other observations that would otherwise require a trip to visit…
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