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Missouri starts new insurance pool

By AP/St. Louis Public Radio

Jefferson City, MO – The state of Missouri is starting an insurance pool to cover uninsured people with pre-existing medical conditions. It's part of the federal health care overhaul.

State officials said the Missouri Health Insurance Pool will cover residents with pre-existing conditions who have not been insured for at least six months. The high-risk pool will be available until 2014 when federal law requires insurers to cover everyone.

Missouri has contracted with RightChoice to administer the program and Catalyst Rx to cover prescription drugs. RightChoice is part of Anthem Blue Cross and Blue Shield.

The pool will be funded by policyholders' premiums and $81 million from the federal government.

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