Today marks the 3 month anniversary of President Obama signing the health care law.
Since then, reports have surfaced almost weekly showing that the law fails to live up to the promises used to sell it to the American people.
This week, the bad news comes from a Congressional Budget Office (CBO) report indicating that the high risk pools created in the law are underfunded by $5-10 billion.
Thus, the new law will cover up to 500,000 fewer individuals with pre-existing conditions than expected. This comes on the heels of a report from the Department of Health and Human Services (HHS) that showed 51 to 69 percent of Americans with employer-based health insurance are in jeopardy of losing their current coverage.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Comments(3)