Cost Pool News Today

Some have pointed out will actually buy those products and leave the sicker people to pay much higher premiums in the existing risk pool. so it does segment the risk pool and will leave people with brie sk pre-skising condition in the. higher cost pool and they wont ultimately be able to afford their coverage. so that is the impact on the swrid m individual market. >> what more could the president do via executive order to obamacare as it is commonly known without congress help? >> well, weve al...

People ahead of you in the line. >> on the question of pre-existing conditions, fred upton and others who were nos and moved over to yes said they changed their vote because adding money to the high risk pool would take care of people with pre-existing conditions. the $8 billion. weve seen high risk pools before, before obamacare, they were around in 35 states. do you believe that money added to the high risk pools is enough to cover are people with pre-existing conditions? >> not even close. $8...

Calling or discussing with democrats behind closed doors and without the information that we need to truly analyze whether this is good or bad. listen, lets not kid ourselves. this bill is worse than a sham. this is worse than a sugar pill. this is downright ugly. . is poison. this is going to allow private health insurance companies to drop people with preexisting illnesses, diabetes, asthma, any other condition that they have and say now, we can drop you because you can go to the high risk poo...

Which is going to raise the cost pool of obamacare and raise the cost to taxpayers. they were counting on them to lower the overall cost and thats not happening. >> now, they dont even ask when people sign up for obamacare, theyre not even asking if you were insured before. >> it is complicated, thats for sure. there are younger people signing up. the health insurance companies who people are buying these policies from have been reporting on their earnings that the number of people signing up ar...

Actually real insurance, then theyre going to be a -- there are going to be a bunch of people who take advantage of that. so yes, im paying 10 percent to 13 percent more because instead of buying an apple, im getting an orange. they are two different things. now, you can still -- you still have an option of -- no, no, let me finish. the way that this bill is structured uses a high cost pool, a catastrophic pool, for people who cant afford to buy that better insurance, but overall, for a basic pa...