Page 19 - Risk Pool News Today

Conditions so in theory theyre designed to help avoid coverage but critics say that the new funding isnt going to go far enough. especially if many states wind up applying for the waivers. giving you an example here. the kaiser family foundation estimates an adequate high risk pool would cost $25 billion per year and that $8 billion would cover only a few hundred thousand people. 35 states ran them before obamacare and republicans defend them as a way to cover this separately and lower premiums ...

Care for people with preexisting conditions is to cover people with the most serious medical needs in separate tools that are paid on the blauder shoulders of the taxpayer, not by other policy holders. thats basically what my amendment does. >> at the heart of this, right, the president said today in the rose garden, you were all there, that premiums would come down and duktdblees would come down. youre now saying the same thing but is that true? it doesnt seem its going to be true for everybody...

On healthcare, and now theyve added $8 billion to this, so it doesnt give the savings they happen. >> but the idea is the reason you have the option for state school waivers that would allow them to suspend or the community rating. in other words, you could charge people more money. thats kmael the danger, someone having a pre-existing condition would have to pay more money if their coverage ever lapses. but the reason you do that is so you have this high risk pool with people who have pre-exist...

Preconditions thing? >> yeah, i think the conservatives ran on the notion of pulling up obama care by the roots and having a perfect free market sin. that is a lot of money, and part of the thing was they were spending too much money on health care and now they added $8 billion. >> no, but the idea is the reason you have the option for states to apply for raifrs it you would allow them to suspend -- you could charge people more money. that is the danger. they would have to pay more money if thei...

Especially if many states a ply for waivers. the kaiser family foundation estimates an adequate high risk pool would cost $25 billion a year and that $8 billion would cover only a few hundred thousand people. 35 states ran high risk pools before obamacare and republicans defend them as a way to cover this separately and lower premiums for healthy consumers and have long waiting lists. and in 2011 they cover 26,000 people. thats a fraction of the americans that have pre-existing conditions. they ...

Gets a tough diagnosis in a state requested a waiver. that will be by definition a small population and sympathetic population. we want to make sure it is covered. >> it is not that thin. first of all, the number of people with pre-existing conditions. >> 7% of the population is in the individual market. the state would have to request awaiver? will they request a waiver? i dont know. i have had no governor contacts me and say tell me more about the waiver situation. >> that is not a great measu...

People in control of their health care and more importantly lower premiums. guy? >> so, its just not true that people in states that seek waivers wont have coverage if they have preexisting conditions. the republican bill that just passed requires insurers to take people on who have preexisting conditions period. it also mandates that anyone who has coverage and continuous coverage cannot be thrown off that coverage or charged more, including people with preexisting conditions. thats another lay...

Is this the repeal that conservatives were looking for? >> i dont think it is. i think it is a compromise bill, and today we have seen this upton amendment that would add $8 billion toward the high risk pool which would fund people with pre-existing conditions in states that choose, or that request a waiver. this is a compromise that moderate republicans go to make it more paletteable. if it passes the house it will be a lot different before it becomes law. >> it is kind of like obama care, is i...

Promises to constituents about pre-existing conditions and keeping this plan affordable. >> right. >> some say that this plan goes back on those promises. what can you say to voters in your district? >> worry protecting people with pre-existing conditions. those conditions continue to be protected. to add another layer of safety net we add another $8 billion. this would only apply in states that seek a waiver and get it. they have to have a risk pool behind anything they do. we have this guarant...

Thats obviously a question that every insurance company is asking. its a question that every person who is insured by an insurance company is asking. >> sure. and its a valid point. we look at stabilizing the markets, there are three things were doing in this particular bill. one high risk pool. we have to have a transition period. this bill allows for a two to three-year transition period, depending what aspects youre looking at. obamacare subsidies will actually stay in place. were working wit...