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Filling -- wants Obama care roles and according to the Wall Street Journal.
Those unfortunate folks could see their insurance rates double or even triple with more on this Doug Holtz -- President of American action forum -- welcome back to the show always good to see -- -- So how disconcerting is this that will get Obama care and the people who really get penalized here -- the people have been taking care of themselves the healthy people.
What do you think's gonna happen as a result of -- with this and -- we just switching around the problem.
Well it's it's no surprise that rates are going to go up for the young and healthy you know the American action forum has surveys on this Walsh journal published on -- today on the arithmetic for quite compelling.
The more interesting finding is that in -- survey we found that if you raise the premiums for the young and healthy by 30%.
45% of those he used by health in stressful quit.
-- that has big implications for this program because the whole idea.
Is you want the young and healthy to pay the bills for the older and sicker.
And what they're saying is that consumers like everyone else in there -- out here well it doesn't work.
Yet let me let me give some examples -- of people -- see the numbers that you're talking about so let's say you're forty year old nonsmoker male OK today.
You'd be facing in the generic kind of plan it's actually WellPoint were representing here 63 bucks a month in obamacare.
A 1933 times as much.
So -- you tell me the likelihood.
That young men in particular even gonna bother with this thing they'd rather pay that defeat the obamacare -- or tax or whatever we're calling it these days.
Thought that somehow through the magic of calling it up fine saying it was a lot of land have insurance that somehow just.
The consumer part of this would go away but it hasn't.
Not the -- doing the arithmetic you asking the question I say no I'm not gonna buy insurance -- -- -- second stolen abide by it then I just pay the penalty in between so.
We're going to see.
A real different health insurance market if these rate increases come out the way they're planned and -- people do the math.
It's it's crazy now -- we were talking about how health and human services was you know.
Talking up the NFL NBA they're all gonna come out and support this try to get -- pick the young men.
And particularly that young African American men and Latinos to come out for this program right.
Today it doesn't appear to be -- Candice what's going on here can the Obama administration not talk some of the nation's biggest institutions best known to young men all over the country to stand behind Obama care.
What we just did the arithmetic do you really want to inform them of their choices.
-- -- -- -- question number one spot number two.
You know you wading into something that is a lot more than just the so called good news where you know you're gonna get insurance -- -- will give you some money to.
I know you're going to have to pay the bills -- the older in the sicker you're gonna inherited debt that they the program creates there's a lot of taxes involved.
If -- the NFL -- the NHL -- any major organization.
Do you want to be endorsing something that has so many flaws.
I don't think so.
I guess they don't they is that apparently they're backing away apple speed here.
Quickly -- -- -- talk about childbirth for a second other side of the -- we talk about mental -- about women which I'm an expert Gerri are you.
That's covering -- -- Well -- and the big question here is the cost associated which childbirth than it was a store in New York Times today.
Really getting into the nitty gritty of the cost in different tests that are.
Now routinely being advised to young women who are getting giving birth now I've got under obamacare we were gonna have lower costs.
You know -- among -- many promises keeping your doctor -- not having an increase in cost.
This was one of them that you wouldn't face these higher costs what's going on here because it seems to me this is even different -- it was five years ago ten years.
This is complicated story more complicating -- the papers suggested.
The first and a realizes that about half a child -- -- paid for by Medicaid.
And as you know.
A big part of -- -- expansions of Medicaid so.
That no one thinks Medicaid to the program but that's a big chunk of what's going on right now -- the remainder of which is really what the stories about.
Is what's wrong with fee for service medicine because it's literally you're saying the doctors hey do more tests -- more expensive procedures and won't pay no matter what and that's the kind of medicine need to get rid of unfortunately that's the medicine that's embedded still in that the practice of Medicare and an -- -- preserved.
Well and the -- have government involved in these services the worse it is I think dad thanks for coming on today great see you as always thank you.
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