Page 5 - Actuarial News Today

Its going to be very difficult. the leaked responses about what the new health care plan to replace obamacare is going to look like is indicating that many millions of people will be dropped off of the plan. so this is politically very difficult but more important its mathematic, its economics and its actuarial. that health insurance to help the president understand if hes going to repeal obamacare and what that replacements needs to look like. >> joining me now is raja. if the numbers that i lo...

Am i right to say it is about to get more boring than it has been? >> yes, were about to go further into the weeds of how do you design a really good website, what do you have to do to make sure its vibrant and people want to come and shop? what do you have to do to get cost control to work? those tend to be in the weeds and can even bore my children. i think youre right. >> were the republicans right to say that if -- and the conservatives more broadly -- were they right to say that if people d...

Being uninsured. >> yes, were about to go further into the weeds of how do you design a really good website, what do you have to do to make sure its vibrant and people want to come and shop? what do you have to do to get cost control to work? those tend to be in the weeds and can even bore my children. i think youre right. >> were the republicans right to say that if -- and the conservatives more broadly -- were they right to say that if people didnt sign up, that if the numbers stayed as bad as...

>> yes, were about to go further into the weeds of how do you design a really good website, what do you have to do to make sure its vibrant and people want to come and shop? what do you have to do to get cost control to work? those tend to be in the weeds and can even bore my children. i think youre right. >> were the republicans right to say that if -- and the conservatives more broadly -- were they right to say that if people didnt sign up, that if the numbers stayed as bad as they were when t...

About 7 million by the end of march. ultimately we need about 20 million people to sign up. this is really well below target. >> they have 2.2 million now? >> 2.2 million right now. 1-6 people in this country under 65 lack insurance coverage. >> 35 million, 40 million people? >> at least officially. they are looking at the exchanges and finding that obamacare plans arent offering a good value or buying health plans off the exchanges where the regulations are somewhat looser and they can be tailo...

Here? >> it might work at the margins. im sure there are truly unfortunate souls out there the lead singer from maroon 5 is one to take health care tips. jenna: i take it youre not one of them. >> not necessarily. this is a big problem for barack obama in the broader sense. everybody talks about the act -- actuarial stuff the young and healthy need tock overcharged to pay for the older and sicker. if you dont get that you get into a death spiral. this is split cam problem for the obama administr...

Gradual tow something that lines up with todays actuarial. you say, youre good to go, nothings going to change for you, but help us make sure that younger people have something waiting. >> greta: in terms of cutting entitlements, the lower income, i am talking about social security, which people dont call entitlement, they say they have paid into it -- they deserve it. but entitlements for the very poor who, might be discouraged or dont have jobs, no future opportunity. do you see a necessity fo...

Gradual tow something that lines up with todays actuarial. you say, youre good to go, nothings going to change for you, but help us make sure that younger people have something waiting. >> greta: in terms of cutting entitlements, the lower income, i am talking about social security, which people dont call entitlement, they say they have paid into it -- they deserve it. but entitlements for the very poor who, might be discouraged or dont have jobs, no future opportunity. do you see a necessity fo...

The housing secretary dropped by. what did he say about the likelihood of a bailout? >> sean donovan is the housing chief, he was testifying in the house. he really tried to down play it by saying its going to take another big down turn in the housing market for there to really be a crunch year and a possible bailout. but as we all know, there have been consistent down turns in the housing market. its very much a fluid situation. sean donovan insisted he thinks it will be okay. take a listen. >>...

Its common sense what you do in business. vince flynn the author of "term limits," and we were when we went into the break here a second ago about the way we treat our military and everything else. i want to stay kind of in that. as data point guy -- id like to hear historical where ayn would stand on this if you can piece anything together -- historical when you look at data point board with the men in corruption the marxists, no expectation privacy in e-mails or location. pushing away israel a...