Page 13 - Risk Pool News Today

For more than 63 days, they would have to wait six months before they could get back into the market. the rationale is not unlike the individual man dade that obama care has, something that would be repeal. youre trying to incentivize younger, healthier individuals to make sure they get into the marketplace. that should expand the risk pool p. so theyre trying to get add a mandate without actually calling it a man dade, but its an important piece. when you look at coverage numbers. the house bil...

Before getting coverage. this is not like the individual mandate on some level, which is you want young healthier people to be incentivized to get into the marketplace making it work better and spreads out the risk pool in general and hopefully drives costs down a little. what theyre trying to do here is essentially incentivize people who would want insurance for long periods of time to get back into the marketplace as quickly as possible to avoid that six-month penalty here. this isnt the indiv...

Thats driven by the fact the cbo believes the individual mandate is the only reason those people are buying insurance. if you dont force them to buy insurance under threat of a fine, the cbo believes 18 million people will drop out of the market. i dont believe that. most credible experts dont believe that. they think the numbers more like 5 million. in reality, this bill will actually in the real world have much better effects than what the cbo will score but the cbo will score it very similar ...

Conditions, it crashes their markets. it causes the markets to collapse and premiums to skyrocket. the good news is you can address people with pre-existing conditions without collapsing markets. its by designing high risk pools. what they have to do is add to this invisible high risk pool but we dont have the courage in washington and the honesty to talk about these things with real information and real facts and go through the problem-solving process. information and agree on achievable goals ...

Incentive that not just sick but healthy people get coverage so you balance out the risk pool. >> because sahil, that is what was put together for the insurers, saying you know now what your market is going to be, because everybody must buy and so therefore you can comfortably, potentially as a business, provide all of the products that you know they will need but when you pull out of that requirement, you have things that they are selling that nobody may buy. >> it is a richard very important r...

But how concerned are you about people who have now enjoyed that medicaid expansion for several years now, just taking it out from them and what happens to them? >> if that medicaid expansion goes away and if there is no coverage, thats a bad thing, willie. on the other hand, if they move from medicaidthing, if they mov medicaid to private insurance, that could be a good thing. for example the individual market is doing so poorly because there are so few people in the individual market. if we ta...

Gabe gutierrez took a little trip for us. hes looking at the impact beyond the beltway. watch. >> reporter: it was the letter single mom sarah dreaded. >> your current humana health plan will no longer be offered. >> reporter: dropping the bo bombshell that it was pulling out of kentuckys obamacare exchange. this isnt the first time you got a letter like this. we were with her when her previous insurance company did the same. >> i dont know if im going to have coverage. which doctors im going to...

So much of this is giving the responsibilities and the authorities back to the states, those are the people that need the flexibility and can make much better decisions than this one-size-fits-all that we see coming out of washington, d.c., mandated by the obama health care law. >> melissa: but do you anticipate seeing states coming back at you, screaming that they dont have enough money, but you put all of the responsibility on them, and that they dont have the funds to pay for it, what are we ...

Build of the senate has put forward so far, there is a big contradiction here in my mind, and this is what it is, it says that under the current bill, just like obamacare, insurers have to sell everyone, including with pre-existing conditions for the same rights as everyone else, while also repealing obamacare is individual mandate tax, there is no enforcing mechanism anywhere there. so i just dont understand how it is currently constituted the republican plan would reverse the fundamental flaw ...

Particular bill, it requires states to offer essential health benefits. he seemed to indicate he was interested in having a bill -- >> obama care required that every plan sold offered these essential health benefits that inclu include opioid, mental health treatment, maternal care, and a lot of people make these arguments. why dont you let me buy a policy that im not likely to want or lose. the risk pool, when you spread it among everybody, including people like the three of us, not likely to ge...