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Detailed text transcripts for TV channel - MSNBC - 20170315:07:19:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170315:07:19:00

Under either current law or the legislation." the non-group market under current law is the health care exchanges under the affordable care act which the seek owe says will probably be stable, not collapse, not go into a death spiral. the cbo explains why those obamacare exchanges will remain stable. subsidies for those buying health care and penalties for those who don't, it stabilizes the market over time. the other thing the seen joe score shows in sharp relief is the staggering distribution of wealth under the gop plan. cuts to medicaid and the poor and working poor totaling $880 billion, ...

Detailed text transcripts for TV channel - MSNBC - 20170315:00:20:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170315:00:20:00

The same period. that's a shift from the working poor to the rich. joining me now the former acting administrator for the centers for medicare and medicaid services. andy, let's talk about the death spiral finding, it's gotten less attention than it deserves because the cornerstone is we cannot abide the status quo because it's imploding. cbo says not true. >> well, you're right, chris, and it's not just the cbo. standard & poor's came to the same conclusion last winter, so have the society of actuaries, so has the independent office of the actuaries, so i think what the premise of an explodin...

Detailed text transcripts for TV channel - MSNBC - 20170315:00:22:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170315:00:22:00

Then come down and end up averaging 10% lower so you saw some republicans touting that, lower premiums. how do they get there? >> they get there really by making the product unaffordable for older people and the product becomes unaffordable for older people for two reasons -- one, the premiums have moved up and second the tax credits, as you illustrated earlier in your show, go down significantly so if older people aren't buying the product and only younger people are buying the product well, i guess in a manner of speaking people are paying less for it. the problem is you have 25 million peop...

Detailed text transcripts for TV channel - MSNBC - 20170315:07:22:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20170315:07:22:00

People are buying the product well, i guess in a manner of speaking people are paying less for it. the problem is you have 25 million people, 24 million people depending on, if you believe the white house numbers it's 26 million, if you believe cbo it's 24 million, who are no longer buying the product. so it's not much of a victory to pay less when most of the people who need the product can't afford it. >> andy slavit, thank you for your time. coming up, the line drawn from steve bannon's white house to congressman king's speech about white supremacy. more on that in a few minutes.