Page 39 - Risk Pool News Today

Low, the government will reimburse them about half the difference. thats a big thing. lets say they think in 2014 this thing will just be a mess. youll have the exact same problem of what were talking about here. but by 2015, you have a tighter mandate, you have the website up and working because i dont think anybody thinks they cant get it in a year. and it might make a ton of sense for them to keep premiums low in 2015 in order to get the healthy people because otherwise theyve got the worst o...

Thats a big thing. lets say they think in 2014 this thing will just be a mess. youll have the exact same problem of what were talking about here. but by 2015, you have a tighter mandate, you have the website up and working because i dont think anybody thinks they cant get it in a year. and it might make a ton of sense for them to keep premiums low in 2015 in order to get the healthy people because otherwise theyve got the worst of both worlds, they have a terrible risk pool. i dont think its aut...

Destabilize the market because it would leave out of the exchange policies a great many people of the very kind they need. they need young, healthy people to sign up and buy extensive policies to balance the risk pool so that there will be enough money to afford to pay for the care of the older, sicker people who are also getting this insurance. so theres both a political problem and a substantive problem and ihat what hes done has alleviated it. >> in the house on friday, 39 democrats jumped sh...

Destabilize the market because it would leave out of the exchange policies a great many people of the very kind they need. they need young, healthy people to sign up and buy extensive policies to balance the risk pool so that there will be enough money to afford to pay for the care of the older, sicker people who are also getting this insurance. so theres both a political problem and a substantive problem and i dont see that what hes done has alleviated it. >> in the house on friday, 39 democrat...

Joining the risk pool and providing some balance for the older, sicker people, the younger, healthier people who would pay benefits, pay premiums but probably not demand a lot benefits, thats going to change, and the premiums that have been set forth next year m no longer work because the cost will be too great. its a very complicated thing. its like one of those house of cards. you cant pick one card out and expect the house to stand. no, it all crumbles. >> i have 30 seconds, chris. i want to ...

Premiums. >> obama care was begun with a couple protections. against too many sick people and not enough young people coming in. one of the things is a risk corridor. if they misprice their insurance, if they price it too low, the government will reimburse them about half the difference. thats a big thing. lets say they think in 2014 this thing will just be a mess. youll have the exact same problem of what were talking about here. but by 2015, you have a tighter mandate, you have the website up ...

Case. what i do think is that the insurance commissioners from every state will do their level best to try to take care of their people back home and try to do it within the confines of the law and within the actual consideration as well. worrying about rate increases, trying to hold the line, make certain that the risk pool is sufficient under the rules of law of large numbers which is what you get with science the more people you have in the plan, generally the better the plan is. so excludein...

Destabilize the market because it would leave out of the exchange policies a great many people of the very kind they need. they need young, healthy people to sign up and buy extensive policies to balance the risk pool so that there will be enough money to afford to pay for the care of the older, sicker people who are also getting this insurance. so theres both a political problem and a substantive problem and i dont see that what hes done has alleviated it. >> in the house on friday, 39 democrat...

Entire insurance industry because they have already factored in the expanded risk pool. and thats why they cancelled these policies because they were going to have these all these people with preexisting conditions now and they had to rejigger the way that they were going to take in known money and their risk assessments. this totally upends that meaning the federal government could spend more. premiums next year could be more and all sorts of other unintended consequences. >> like so many thing...

But now it seems like its a big nightmare. the president didnt even mention it in his weekly address today, despite a week of problems. so will this ruin his second term? our experts are back, cnn political commentators will cain, marc lamont hill and cnns senior political analyst david gergen. will, you first. i know you wanted to comment on what david was saying. perhaps a new team in the white house could repair some of the damage done? >> heres the problem again with the comparisons to reaga...