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Important to understand, and i know this is actuarial speak, but the pool of people who are covered in the catastrophic policies are separate from those in the broader marketplace. so for people who are going into the exchanges and buying coverage, they're all pooled together. if you take out young and healthy people, that's going to mean everybody in the marketplace is going to see their premiums increase and creates tremendous amount of instability in that marketplace. if they buy a catastrophic policy or decide to opt out entirely. and i think what's important to keep in mind is that health...

Sticks. those carrots were offering people subsidies for buying coverage. >> going on your parent's coverage. freebies. >> and things like the small business exchange. the thing is, a lot of those carrots aren't quite as appealing as they wanted to a lot of these young invincibles, young, healthy people, and now this carrot for small business. we're going to make it easy for your employees to buy coverage, that's not working either. so then you've got the sticks, the individual mandate penalties -- >> and the taxes. >> these are the things that are designed to get people to buy into the system...

Sebelius have no problem whatsoever making you, when you sign up for obamacare give your most private information to a convicted felon. everybody apparently liked their plans. so why the hell do we have to do this in the first place? >> a lot of people thought they were buying coverage that turned out not to be so good. >> i will remind you some people like to drive a ford, not a ferrari and some people like to drink out of a red solo cup not a crystal stem. you are taking away their choice. >> plans that were in effect in march of 2010 that didn't change to the detriment of the consumer, thos...

One of the things health reform was designed to do was to helpu the underinsured. there are fewer than 5% of americans who have cut rate plans that don't offer real protection in the event of a serious illness or accident. remember, before the affordable care act, these bad apple insurers had free rein every single year to limit the care you received or jack up your premiums or bill you into bankruptcy. so a lot of people thought they were buying coverage, but it turned out to be not so good. before the affordable care act, the wos of these plans routinely dropped thousands of americans every ...

Was designed to do was to help not only the uninsured but also the under insured. there are a number of americans, fewer than 5% of americans, who have got cut rate plans that don't offer real financial protection in the event of a serious illness or an accident. remember, before the affordable care act these bad apple insurers had free reign, every year to limit the care you received or use minor preexisting conditions to jack up your premiums or bill you into bankruptcy. so a lot of people thought they were buying coverage and turned out not to be so good. before the affordable care act, the...