Page 5 - Risk Corridor News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Healthy people who, of course, are running around using iphones and applications successfully to redesign their own lives, they're the ones that are going to fall off obama care and lose faith in it. i think to a great extent their faith to the government's ability to deliver an entitlement like this is also being put at risk by the problems. >> ultimately, i'm trying to find one or two things to kind of keep our eye on, because any one of us can get lost in a level of detail that if you don't have experience in the policy, the health care background, you just can't keep up with it. are premiu...

Fiasco of a rollout. that is really what this means. if this thing goes very, very badly, the losers are taxpayers. we end up paying more money to the insurance companies to cover their losses which most taxpayers will find unpleasant. jenna: the portrayal of this being a blank check with an unknown amount is an accurate portrayal what we know at this time? >> yes. it could be very large billions of dollars paid out under the risk corridor provision, absolutely. jenna: risk corridor, that will be a word or phrase we'll hear a lot of. james, thank you for being on the program. thank you so much...

And applications successfully to redesign their own lives, they're the ones that are going to fall off obama care and lose faith in it. i think to a great extent their faith to the government's ability to deliver an entitlement like this is also being put at risk by the problems. >> ultimately, i'm trying to find one or two things to kind of keep our eye on, because any one of us can get lost in a level of detail that if you don't have experience in the policy, the health care background, you just can't keep up with it. are premiums going to go up or not? the insurance companies will be happy ...

Goes by, we get a little bit closer, because of all the fixes the administration is announcing. a little bit closer to what republicans are asking for in the first place. >> okay, first, regarding what he said, you said millions will sign up. i can't make that assumption. maybe millions will be thrown off their insurance also. two pieces of news that you pointed out. the fixes. nancy pelosi said you have to fix it before you find out what's in it. she's right. over the weekend, we found out this risk corridor. basically says if you're an insurance company, you're supposed to take on high-risk ...

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. that's a big thing. let's say they think in 2014 this thing will just be a mess. you'll have the exact same problem of what we're talking about here. but by 2015, you have a tighter mandate, you have the website up and working because i don't think anybody thinks they can't get it in a year. do insurers want t...