Obamacare requires insurers to accept all applicants and prohibits them from charging higher premiums because of a person’s ("preexisting") medical condition. At the insistence of conservative lawmakers who wouldn't vote for the first version of the bill, House Republican leaders agreed to let states apply for waivers allowing insurers to charge higher rates based on a person’s “health status.”
But talk about a shot in the dark! Upton's amendment does not specify who would be eligible for the high-risk pool money, how much of their costs would be covered, or how much they would be expected to contribute in premiums.
A shot in the dark, and who gets killed?
Plus how many states would apply for the waiver to throw people off insurance and into the high-risk pool? Texas will probably be first in line, according to Texas Rep. Joe Barton.
Not that Texas will ever have a chance at that waiver, because the Senate is not going to pass the law as it's been written in the House.