This (below) is a chart that tries to explain the new and old high risk pools, vs. single payer healthcare for all.
There are already 37 states with high risk pols but only 200,000 people use them because they are so expensive, and limited to those who were rejected by individual insurers.
The new pools would vary by state, starting out Federally funded but then, two years in, they would shifts the cost to the states. Kind of like a cable TV contract, the low introductory rate.. And, as many people find with any insurance that doesn't dilute risk on a very large pool, the costs high risk pools can be astronomical for both the states/Federal subsidizers and the insured.
I strongly recommend that you all read this description of what high risk pools are, and aren't.
