News Headlines Article

Insurance Pools Readied in Some States
New York Times

The Obama administration is poised to award contracts worth hundreds of millions of dollars to about 20 states to run new insurance pools for people with serious medical problems. In another 20 states, where local officials chose not to participate, the federal government will run the pools through a private nonprofit entity. Applications will be available to the public in many states on Thursday, and coverage could start as early as August, said Richard A. Popper, deputy director of the new federal Office of Consumer Information and Insurance Oversight.