State cuts high-risk insurance pool rates by 23 percent
Tuesday, August 9, 2011 | 11:37 a.m. CDT
JEFFERSON CITY — Missouri's high-risk health insurance pool is cutting its rates by 23 percent.
The state Department of Insurance, Financial Institutions and Professional Registration announced the cut in rates Tuesday. The decision affects new and existing insurance policyholders.
The high-risk insurance pool is funded by an $81 million federal grant. Officials said premiums have ranged from $137 to $601 per month. Missouri insurance department director John Huff said the rate cut is designed to make the insurance pool more affordable.
People must be Missouri residents, have pre-existing medical conditions and be uninsured for six months to be eligible for the high-risk insurance pool.
Like what you see here? Become a member.
Report corrections or additions here. Leave comments below here.
You must be logged in to participate in the Show Me the Errors contest.
Leave a comment
Speak up and join the conversation! Make sure to follow the guidelines
outlined below and register with our site.
You must be logged in to comment. (Our
full comment policy is here.)
- Don't use obscene, profane or vulgar language.
- Don't use language that makes personal attacks on fellow commenters or
discriminates based on race, religion, gender or ethnicity.
- Use your real first and last name when registering on the website. It will
be published with every comment.
(Read why we ask for that here.)
- Don’t solicit or promote businesses.
We are not able to monitor every comment that comes through. If you see
something objectionable, please click the "Report comment" link.
You must be logged in to comment.