Page 35 - Risk Pool News Today

Two lines in the bill. that would be a moment of truth for obama care. >> if we as taxpayers dont pay out the insurance companies, they dont get saved from their bad risk pool. and then the architects of obama care told me thats when you begin the death spiral which moons the law starts imploding. and the insurance companies are not going to provide insurance for free and the premiums that people are paying will go way, way up. and the system will collapse. and some people are saying, great, but...

Saying. i think there is a limit how much these messages will break through with people that feel like im healthy and i will be okay for a while. >> everyone is looking at the numbers, predicting numbers how many young people sign up. look beyond it and say even the young ones signing up, 79% of them or something are going to get subsidies. its not like they are paying the full freight. >> dont know whether young people signing up are healthy or not. they could be young people that have illnesse...

It goes to what byron is saying. i think there is a limit how much these messages will break through with people that feel like im healthy and i will be okay for a while. >> everyone is looking at the numbers, predicting numbers how many young people sign up. look beyond it and say even the young ones signing up, 79% of them or something are going to get subsidies. its not like they are paying the full freight. >> dont know whether young people signing up are healthy or not. they could be young ...

>> when it comes to the overall risk pool, young people can give almost pure profit to insurance companies. those with preexisting conditions must have to carry it all. insurance companies may have to be bailed out at tax payer expense something some in congress are trying to head off. >> all of these companies are all going to apply to the federal government for the bailout. under the law they are entitled to it. we need to stop that. >> if the anti bailout proposal moves forward in congress it...

Millions of dollars they are going to use to get people into the system. it happened in massachusetts. mitt romney had to go back to the legislature continually to ask for more money to get people enrolled. you cant count people until they have actually paid their premium. bill: do we know how many have paid? >> we do not know. >> the key point here is andrea talks about a bailout. but the system, obamacare has like billions of dollars built in case there is a problem with the risk pool for the ...

You like your healthcare you can keep it come true. that according to one of the architects of obamacare he told me a couple weeks ago when the insurance pool is unbalanced you have too many sick people in it not enough healthy people that could be the beginning of the death spiral which means the end of obamacare. is it just humana or other insurance companies saying this? >> they signed up 2 million people. there are more than 20 million eligible for the program. they signed up less than 10 pe...

Are problematic. >> i am hearing from health plans upwards of 5 percent with the latest enrollments are still coming through with data problems. i am hearing they have a number of things that havent been corrected from earlier enrollments. they cant do a reconciliation because they cant reconcile the federal and insurance data. >> they are still doing it by hand? >> thats right. if for example someone has a baby healthcare.gov cant put a baby on the new health plan. if someone has a big cut in t...

Presidents so-called fix, where he said if you like your health care plan you can keep it. that, according to the expert, he told me a couple of weeks ago when the insurance pool is unbalanced and you have too many sick people and not enough healthy, that could be the beginning of the death spiral, which basically means the end of obamacare. is it just humana? are other health insurance companies saying that? >> well, what is going on here, they signed up about 2 million people. there are 20 mil...

Paying obama care premiums so they would have insurance to pay the bills. the american hospital association wrote the members saying some worried that the cost of obama care would be prohibitive for many people and said several hospitals inkwoired where there are barriers to providing premium assistance. >> for select patients who come in because they are sick to help pay their premium to subsiddize for them the cost of health insurance. >> there was a legal obstacle and on october 30th. health ...

>> speaking of paying for something you arent getting at all, taxes for the country, for 25 states. people cannot get expanded medicate even with the 100% match from the federal government. i am wondering how that skews the cost to the country at large, of health care under the affordable care act? >> thats just a horror show, the fact that all of the people are not going to be able to getten insurance they would be entitled to. doesnt skew the costs we are talking about too much. one thing, cou...