Detailed text transcripts for TV channel - CNN - 20170729:22:37:00
Increases our rates by 19% to 20%. that is a significant increase. and we have to ask ourselves, is that something that we would like to put in front of the individual market? >> right. and you will be then, further perceived, the insurance companies as the villains of all of this. what i hear you say, you correct me if i'm wrong, if people aren't forced to have health insurance, you're going to be in the untenable position to having to provide coverage for folks with pre-existing conditions, but you won't have the young invincibles to offset the costs. the rates are going to go sky high becau...