Page 32 - Risk Pool News Today

The people who signed up at first, despite all the difficulties with the website, those people are likely to be in relatively bad health because they needed insurance, they had health conditions that they needed to get taken care of right away. as time goes on, the people who are going to sign up are going to be in better health, and so thats something thats going to benefit the risk pool. its going to make the risk pool healthier. and ultimately, that should result in 2015, for example, that sh...

Care, march 31. the obama administration announced this week, there would be another delay. allowing a few more weeks for people to sign up. supporters say it makes sense, because of the rocky start with healthcare.gov. >> also a good thing for insurance companies, because the people who sign up at the end are likely to be in pretty good health, the people who are in bad health really needed insurance, the people who signed up at the beginning. the flood of people at the end and the extension wi...

More than they would have without obamacare. young men, same age. look at this, 97% increase because of obamacare. look, if the young people dont sign up to the 40% that they need, doesnt that skew the risk pool and mean that everybodys premiums are going to go up? >> i think theres no question at this point premiums will go up. the last numbers we saw on the number of young people that subsidize the old and sick were well below what the administration hoped for. last time it was around 25%. som...

Companies because the people who sign up at the end are likely to be in pretty good health. the people who are in bad health that really needed insurance are the people who signed up at the beginning, so this flood of people at the end and with the extension with more people i think that will do good things for the risk pool and allow rates to be lower. >> there are a lot of republicans and we just heard it in mollys piece there who are skeptical of this 6 million figure. they flat-out dont beli...

We do know and what we dont know. we dont know how many of the 6 million has paid so far to their health insurance companies. we also dont know the mix between healthy and sick people that insures are really good risk pool when calculating premiums going forward. what we do know is theres been exponential growth in the health care enrollment, going from 100,000 back in october. now to 6 million. if you go to march 31st, which is the deadline, and, of course, thats been extended for some people. ...

>> juliette, on that note, we dont have the breakdown of data in terms of who is enrolling, whether theyre sick or uninsured, we dont know the numbers on that. whats interesting is at the root of wanting to get young, healthy people signed up is the risk pool and making sure insurance companies dont have to raise their premiums because theyre taking on a higher risk pool. what surprised me through all of this and even through the announcement is the relationship between the white house and insur...

Theyre fine to keep the deadline to march 31st. the president recently thought he had enough people enrolled in the risk pool. i think at love democrats do believe that. they dont see this as necessary action. jon: theyre kind of whistling past the graveyard? trust us, eventually you will get to like the obamacare thing and it will all work out and great for your political careers? >> i think so. particularly a lot of people saying this will be good and democrats will run on this people like nan...

Whats up here, doc? >> well, its like you said. im wondering who the six million are. there was a group of uninsured, very sick people, most people like this guaranteed issue where you have no preexisting condition, and previously you couldnt get insurance. so, how many of them were these people that needed them? but then again, to make this whole thing work, you also needed to increase the risk pool with young, healthy people to sort of balance out the sick people that couldnt get insurance, an...

Insurers who are very cautious about what the risk pool would look like who actually predicted there would be a skew toward older and sicker enrollees, theyve actually been surprised to some degree by the amount of sicker and older enrollees in the pool because of some of the changes the white house has made on the fly because of the grandfathered provisions, things like that. >> right. >> its going to be interesting to see how much thats going to cost next year. the numbers were hearing are may...

>> you know, things looked really bad for a while, and i was, you know, i certainly had my doubts. i sort of thought, you know, when the website was having so many problem, if you had told me theyd get to 2 million, 3 million and there would be big problem, i would have said, yeah, that seems possible. it couldnt collapse, but there would be big problems. you know, things -- after they got the website together, they actually start estarted, thingsd to work more or less like theyre supposed to be...