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How do you denigrate the number one police force in the united states if you re supposed to be the chief law enforcement officer. we re getting word there is going to be a vote tomorrow in the house on the newest version of the house gop health care bill. what would be the effects for the city in concrete terms were this to become law? a million new yorkers would stand to lose their health insurance. a million people in the city? a million of the 8.5 million people in this city would stand to lose their health insurance if this bill became law because the affordable care act reached so many new yorkers who didn t have insurance. now a million of them wod be in jeopardy under this specific language of losing their insurance. 24 million people nationally. chris, it would also have a horrible impact on our public hospitals, which are already in tough shape financially but depend on insurance money to keep going. a huge number of the folks who go to those emergency rooms take up th ....
With pre-existing conditions as well as the standards known as essential health benefits which include coverage for things like emergency room trips, pregnancy care, lab tests and prescription drugs. those changes, however, alienated some moderate republicans, which then led to the version of the bill that apparently they ll be voting on. it keeps all those provisions but also adds $8 billion in additional funds over five years to supplement the insurance of people with pre-existing health problems. now, that money, a relatively small sum in the context of the overall health care market, would help fund what are called high-risk pools. essentially a kind of separate insurance market for sick individuals. but high risk pools have a history of failure. they re enormously expensive. in addition, as senator ron widen points out, the change to the bill effectively encourages insurance companies to charge sick people with high premiums because they ll be bailed out with taxpayer dollars. des ....
Offer people with pre-existing conditions insurance. but the new bill says that they can then charge whatever it takes to cover those people. so if you have very serious cancer by one estimate, you could literally be paying $140,000 for health insurance. $140,000? if you have very serious cancer. if you re pregnant, i think it s something like $20,000 extra for health insurance. they re not technically lying, but it s all but a lie. so then the question becomes remember the bill moved in that way. the house freedom caucus was very focused on the core regulatory constraints on health plans, that they wanted the states to be able to waive out of. they got then. the moderates then said now you re gutting pre-existing conditions. we respond with $8 billion over five years to what? well, some people estimate the total cost of covering these high-risk people is something like $330 billion over ten years. so giving $8 billion over five years and who knows what after this is obviousl ....
Welcome back. panelists here, rick santelli from cnbc. helene cooper, pentagon correspondent for the new york times and auth are on of this book madam president. stephanie cutter and columnist for the new york times. let s dive into politics. rick santelli, you re a free market guy, where are you on this and where are you on the plan? too much obamacare? too little obamacare? it s a mess. you can t have that discussion unless you know what the service costs. gi to the doctor, and i have a daughter that for a while didn t have insurance. she gets a different price than people who have insurance. i think we need more market spirits in competition. i certainly don t see it in this bill, but i do understand that repeal and replace would have been easier if there was a mandate. president trump won. we can argue about the mandate. right. there s a problem here. ....
Aspect of whether you can guarantee that nobody will be worse off financially? i firmly believe that nobody will be worse off financially in the process that we re going through understanding that they ll have choices that they can select the kind of coverage that they want for themselves and for their family, not the government forces them to buy. so there s costs that needs to come down and we believe we re going to be able to do that through the system. there s coverage that will go up. remember, chuck, there are 20 million folks right now in this nation who said to the federal government, i ll pay a penalty or take a waiver. i m not each going to get coverage in the system that we currently have. that may be a system that works for government or insurance, but it doesn t work for people. we need one that works for people. you think it will work for the 20 million. you believe that? we believe i believe and the president believes firmly that if you create a system that s acc ....