Connecticut reinsurance pool gets federal grant
Hartford Courant, July 23, 2008
The Connecticut Health Reinsurance Association will receive a $1.18 million grant from the U.S. Department of Health & Human Services for fiscal year 2008. HHS awarded more than $49 million to 30 states to help them run their high-risk insurance pools, which are designed for individuals who cannot buy policies elsewhere because of serious medical conditions. The grant money can be used to support disease management programs for chronic conditions and subsidize premiums for people with lower incomes.