Page 20 - Risk Pool News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Offered that. i call it the costco model, when you buy in bulk you should get a discount. >> that's the point of universal coverage. you don't have a risk pool made up of only sick or only elderly people, you've got everybody in the risk pool. >> you're marrying up two ideas, that an individual should have as much clout as a company that has 4,000 employees and get a discount. you want the individual small business person or farmer, what have you, to be able to get a discount as well. so bundle them up into a larger population like they did in new york and successfully drive down the cost and ...

Insurance mandate isn't robust enough. the incentive to sign up and stay covered has been weak because of ever rising premiums. an estimated 2 million americans have already dropped their coverage this year alone. they've decided it's cheaper to pay the $695 penalty for an individual or 2.# 5% of income for a household than to purchase health coverage. that means the risk pool meant to share costs across the population has been skewed by a higher proportion of older and sick patients. add to that the secondary problem of insurers pulling out of medical exchanges in some states, and you can see...

Having any effect as republicans make these decisions? >> yeah, i don't think so. and the reason why, chris, the polls they really care about are the polls of republican voters. and the polls of republican voters show that over 60% of republican voters want their senator to vote to repeal and replace obamacare. and so at the end of the day, if you're up for re-election and your own side doesn't turn out to vote for you, you're going to lose. and so it's getting those republican voters, the base of the republican party, that cares about repeal and replace. they're the ones that people are payin...

The goal of the cruz amendment, add more competition and to drive down premiums. and people will say that that could happen for those who are healthier, who are younger, who don't need these comprehensive packages, but everything i've heard from the experts say that people with pre-existing conditions are going to lose. their premiums are going to skyrocket. >> well, as you and i have talked about before, i am somebody with a pre-existing condition. i was a cancer survivor. we want to make sure people with pre-existing conditions are covered. but if you don't break down the way that the obamac...

Can be diagnosed with a chronic illness and now i have about $73,000 is what my meditation costs. i get mri scans regularly. they're about $7,000 per set. this last year i've had thee sets of them. and i really worry that eventually i'm not going to be able to afford my health care. when i look at the bills in front of us, i know that to be true. if i get put like millions of americans into a high risk pool with a bunch of sick people, the costs are going to skyrocket, and it could mean that i might lose my home or retirement savings. and i'm scared just like a whole bunch of other americans a...