Detailed text transcripts for TV channel - CNN - 20170315:20:45:00
Sense in your mind. if you force younger healthy people to buy insurance, you'll force more money into the pool to pay for the older sicker person. the problem is that doesn't work. it doesn't work in practice. it's not working now. it's in a death spiral. here's our a etch pro. we think the smarter way to go is to open up choice and competition, let more plans be offered, people buy what they want and that's why we are big believers in state based risk pools. by having federal financing to help states set up risk pools where you actually cover the catastrophic costs for people who have catast...