WASHINGTON (AP) -- Citing financial concerns, the Obama
administration has begun quietly winding down one of the earliest programs
created by the president's health care overhaul, a plan that helps people with
medical problems who can't get private insurance.
In an afternoon teleconference with state counterparts,
administration officials said Friday the Pre-Existing Condition Insurance Plan
will stop taking new applications. People already in the plan will not lose
coverage.
Editor's notes: take it to the bank, you will never hear this news story on the mainstream, nor will you hear Chris Matthews or the whinner, Ed The Talking Horse Shultz cry over the loss of this protection.
Folks who actually know what they are talking about, have been saying that such coverage is not sustainable, that there was a very good reason why the evil insurance companies did not cover "pre-existing."
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