The Department of Health and Human Services has pushed back yet another Obamacare deadline, this time extending the life of a federal insurance program that began in 2010 and was only supposed to continue until Dec. 31.
The Pre-Existing Condition Insurance plan (PCIP) was launched in 2010 to provide stopgap coverage for those that needed it until Obamacare officially launched. Health and Human Services (HHS) first pushed the date back to January 31 and announced Tuesday evening that they’ll now extend the coverage until March 31, the final day of Obamacare’s open enrollment period.
Similar to the exchanges, some states run their own versions of the high-risk pool program, while others are part of a federal program. PCIP currently covers less than 30,000 participants between states and federal branches.