Page 53 - Risk Pool News Today

Insurance. now cbo cant quantify that right now because they havent looked at the new risk pool wisconsin will be setting up as a result of this law. so we are very confident that we are moving the ball in the right direction. we are restoring market freedom. we think this approach is just much smarter and better on how to deal with getting costs down, improving access, including people with preexisting conditions. you are the one i was pointing to earlier. sorry. >> reporter: the repeal is sile...

Everybody has cheaper health insurance. what you do when you do this is the individual market, the people who dont have pre-existing conditions, they have much more stable prices. let me give you an example. take a small business that has 40 employees. lets say that for people in that business get cancer. under that business, that business has to pay for those cancer patients. the other 36 people and that 40 person pool get hit with much, much higher premiums to pay for the four-color got cancer...

Congresswoman from washington today who was telling me how good their state high risk pool is. what i mean when i say this, about 8% of all the people under 65 have that kind of preexisting condition. my mother-in-law, cancer, she had melanoma in her 20s, breast cancer in her 50s, ovarian cancer in her 60s. people just have these things. and we dont want people to go poor or bankrupt because this thing happens to them. so we obviously want to have a system where they can get affordable coverage ...

Immediately. as time goes on, the people who sign up are going to be healthier and healthier. thats why you see the vice president urging young people in particular who tend to be healthy, to sign up. >> who also tend to wait until the last minute to do things, as well. >> thats one thing that never changes. the more the time goes on, the healthier the risk pool is going to be. >> quickly, take a look at this recent nbc news poll. im sure youve seen it, 49% of those asked say they still have a n...

Before. how do you repeal that law? how do you take away ten million? i dont see politically how you pull that off. privately you talk to republicans and they admit, now that 10 million people have insurance, how do you repeal a law that would take it away. >> youre right to highlight the 25% figure because a lot of this will hinge on whether you have young healthy people making this a favorable risk pool. thank you for that overview. you can catch more every morning here on "the daily rundown" ...

Health. the people with bad health are the people who signed up in the beginning. with the extejz of more people, that will do good things for the risk pool and allow rates to be lower. >> critics want to know how many people actually paid for new insurance? those critics suggest that obama care is not a chiefing health insurance for the uninsured. >> maybe as many as three- quarter ares of the people who signed up for the exchanges and a few of the quarter of them and people who had insurance a...

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Be in that group and now somewhere between 20 or 25 percent. and other number is number of uninsured. the ponent was to reach out to 30 or more uninsured people. so far, the number is in the teens. the percentage of people who seened up for obama care that are uninsured. you dont take over a sixth of the economy to get 10-15 percent of the uninsured signed up. >> you showed numbers they are not reaching the goechlt what does that mean for obama care? >> i dont think the total number is serious a...

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