Page 25 - Risk Pool News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For more than 63 days, they would have to wait six months before they could get back into the market. the rationale is not unlike the individual man dade that obama care has, something that would be repeal. you're trying to incentivize younger, healthier individuals to make sure they get into the marketplace. that should expand the risk pool p. so they're trying to get add a mandate without actually calling it a man dade, but it's an important piece. when you look at coverage numbers. the house bill shod 23 billion would be fewer would have coverage based on that house bill. republicans obviou...

Before getting coverage. this is not like the individual mandate on some level, which is you want young healthier people to be incentivized to get into the marketplace making it work better and spreads out the risk pool in general and hopefully drives costs down a little. what they're trying to do here is essentially incentivize people who would want insurance for long periods of time to get back into the marketplace as quickly as possible to avoid that six-month penalty here. this isn't the individual mandate. it's a watered down version of a mandate but necessary for the health of the market...

That's driven by the fact the cbo believes the individual mandate is the only reason those people are buying insurance. if you don't force them to buy insurance under threat of a fine, the cbo believes 18 million people will drop out of the market. i don't believe that. most credible experts don't believe that. they think the number's more like 5 million. in reality, this bill will actually in the real world have much better effects than what the cbo will score but the cbo will score it very similar to the house bill. >> i know that you expect that young people, healthy people, will all sign u...

Conditions, it crashes their markets. it causes the markets to collapse and premiums to skyrocket. the good news is you can address people with pre-existing conditions without collapsing markets. it's by designing high risk pools. what they have to do is add to this invisible high risk pool but we don't have the courage in washington and the honesty to talk about these things with real information and real facts and go through the problem-solving process. information and agree on achievable goals and then pass the legislation. >> isn't some of the problem here the rhetoric that gets used. i'm ...

Incentive that not just sick but healthy people get coverage so you balance out the risk pool. >> because sahil, that is what was put together for the insurers, saying you know now what your market is going to be, because everybody must buy and so therefore you can comfortably, potentially as a business, provide all of the products that you know they will need but when you pull out of that requirement, you have things that they are selling that nobody may buy. >> it is a richard very important requirement and one of the reasons democrats and president obama agreed to put that individual mandat...