Page 28 - Risk Pool News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We're looking at that new timetable. >> last question. >> mr. speaker, just to follow up quickly, nice to see you. >> hi, nice to see you. >> i don't hang out in here very often. on the cbo specifically, the language they use with premiums, it says "despite the additional funding", those sicker americans would face extremely high premiums. how do you assure them they won't be priced out and it won't become unaffordable? >> here's what the cbo report i don't think fully gets or states, is that states put their own part of this as well. this is what this analysis i think forgets, which is, we ar...

Schedule that they agreed to. i think maine had an assessment on all their health insurance plans. the point i'm trying to make is you don't look at the risk share or risk pool idea federal alone. remember, the states will also do some of the lifting. the states, like in my state, we'll have an assessment on plans, if they choose to do that. they'll have an agreement with providers. and so, we will have federal resources and state resources, which taken together will improve the situation. we had a very successful risk pool in wisconsin. our insurance commissioner, deputy insurance commissione...

That has people frustrated. >> why do people -- >> but the deficit reduction part is important. your side embraced that. when it came to 23 million, they said, no, it was -- >> i just explained it. >> following up on the cbo report, it did find that preel y -- premiums on average would go down, but in the markets that employed the waivers, they believed there might not be any access for the group -- >> let me explain what this means. >> it would go up for older and sicker people, as well. >> if a state takes a waiver, then a state, in order to get the waiver, has to have a risk system in place...

>> yeah, that's the whole purpose of a risk pool. take a look at the maine model. take a look at the wisconsin model. look at what utah did. look at what all these other states did. you have to give the states the ability to customize solutions in their areas. the health insurance system provider network insurance system in wisconsin's a whole lot different than it is in new york, let alone new mexico, texas, and california, or maine. give these states the ability to customize, support, and now for the first time ever we're going it add federal dollars to this, because we just think it's a lot...

And then we'll have actuaries that will step in. this is part of the journey. you do it, you have it scored, you do it, you have it scored and you go on. >> cbo says yeah, but. you and the but on premiums going down, if you are in a state that cuts back on essential health benefits, then your out of pocket costs go up and if you have a pre-existing condition, your premiums my skyrocket even if you're in a risk pool. what is your philosophy on how to deal with that issue? >> i would say that's a big part of our conversation in the senate, trying to take care of those folks with pre-existing con...