Obamacare: Barely implemented, but already over-budget and under-serving

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One of the few programs already active in Obamacare is the Pre-Existing Condition Insurance Program, a temporary measure that provides money for states to establish high-risk health insurance pools for people with pre-existing conditions.

Unfortunately, the program’s results so far leave much to be desired. The problem is not that it isn’t working for the people in it. The problem is that very few people seem interested, and the government is paying through the nose just to accommodate the few who enrolled, The Washington Post reports:

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