Page 21 - Risk Pool News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 are. >> lonny, you get to talk for the entire republican party. republicans in the senate and this ...

Republicans really want to fix this thing, then let's deal with the prescription drug problem. let's figure out how it is we can lower the cost of prescription drugs, expand care. get more young people into the system so that those of us who are sick that is spreads the cost around and makes all the system a lot more affordable. >> in fact, that's one of the chr criticisms, that it would lead to a cascading problem of taking healthier young people out of the risk pool and would make it more expensive for everyone. >> well, and up until a year ago, i was one of those healthy people who was in t...

The health care bill, senator. ted cruz, senator cruz of texas is offering an amendment which would allow states to opt out of basically some of the essential health benefit guarantees as long as they also offer a version of sort of the obamacare guarantees, is that an amendment you could support? >> so i've been working with senator cruz looking at that particular amendment, speaking to folks in the insurance market. the question is will it be two risk pools in which you're on your own if you have a car wreck, or is it going to be a common risk pool where everybody does kind of what insurance...

This is something you need to do for people who need this help. but those can be worked out. you don't have to make the system government-controlled so people have no right -- >> you do have to. there's no universal health care in the world that doesn't mandate universal coverage. that's how you get the risk pool. you don't have to have high risk pools when everybody is insured. >> universal health care is not the goal. the goal is good health for people of the united states. i brought you on to apologize for saying obamacare is in a death spiral. but this way we get to speak again because you...

Correction. you're not expecting those increases to go up. in fact, i think we estimated about 5%, 5.5% increase under obamacare probably for the next ten years on average. >> yeah. i should clarify, we are not expecting insurors to need a big premium increase again. it looks like they are doing fine in this market with the premium increases this year. the one caveat to that is that there's enormous uncertainty for insurors right now in many cases stoked by comments by the trump administration. so with that uncertainty, insurors may hedge their bets and raise premiums significantly but not bec...