Detailed text transcripts for TV channel - MSNBC - 20120615:04:39:00
Cannot exclude pre-existing conditions, they will say fine, we will charge you a million dollars for that. you have to have community rating to make it work. you have to regulate the ability to not charge the sick many multiples of the healthy or charge the same price ideally. the problem is seven states tried that, and in every case it failed. in some cases so badly that the states repealed it and in other cases like massachusetts, new york, and new jersey they kept the laws in place and destroyed the insurance markets. this does not work. >> what do you think? talk about the massachusetts pl...