HHS Secretary Kathleen Sebelius. (AP photo)

WASHINGTON — Thousands of people with serious medical problems are in danger of losing coverage under President Barack Obama’s health care overhaul because of cost overruns, state officials say.

At risk is the Pre-Existing Condition Insurance Plan, a transition program that’s become a lifeline for the so-called “uninsurables” — people with serious medical conditions who can’t get coverage elsewhere. The program helps bridge the gap for those people until next year, when under the new law insurance companies will be required to accept people regardless of their medical problems.

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