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Well forget about war cannot be relaxed just -- coat black -- -- it's because we're all here exercising for all of your healthy eating.
Here's what you're soon gonna have to be swallowing a lot -- -- health insurance is certain according to a Wall Street Journal report may be double even triple the premiums.
You are paying now and all part of the health care law and those exchanges they are firing up right now.
And here's something you might -- gets even more fired up right now those sick or sicker.
Are gonna end up paying the same maybe even less.
So for all of your help.
You're getting screwed more.
To former health and human services secretary Mike Leavitt Dr.
Leigh -- on why -- it should be having that -- did you first what that has gone on here this that's contrary.
To common -- That well it didn't but it really intimate -- because what happened is.
If you're healthy now you can -- relatively affordable insurance if you're not part of the group individual plans were talking about but if you're sick.
In most states you cannot buy health insurance that's starting January 1 there's going to be no more preexisting conditions so.
What's gonna happen is these exchanges.
As part of the Affordable Care Act.
Are -- now allow really sick people that couldn't afford insurance because of the underwriting -- they worse that.
Down to a level but unfortunately the people that are well.
And that probably could've got cheaper insurance now they're gonna kinda come to the same level and at this single risk pool.
That they're pretty but there's this big loophole that you and I have talked about for the last few years to.
If there's no preexisting conditions and you're healthy.
And -- not gonna be meaning the insurance why even.
But it now just pay the 95 dollar penalty once for the year and -- right and tell you get and that by.
We'll -- that was one of the points you made that would me you know years back when we were going through this all saga that's.
First of all you you were among the early or ones including the good doctor hero said that the Mets didn't add up.
But now we know that even though that reward and the risk behavior doesn't add up -- -- -- us.
Well there's no question that we've added a lot of fees and taxes that raises everyone's -- And now we're bringing a lot of people into the risk pool who weren't there before and it's quite clear that those who are.
Who are not healthy and those who are without those who are healthy and those who are young are gonna pay more.
This is in the past three years this is -- somewhat political conversation with Republicans saying.
Yes premiums would go up and Democrats saying no -- wouldn't but we're now the point that is going from political to arithmetic and there's no question about the fact that we're going to see substantial increases among certain populations.
Well you know what's weird about this doctor.
Wii -- -- our entire health care system which was the envy of the world for the ninety plus percent of us who had insurance.
We had our -- little will by and large we were OK with what we had.
That's it's it's a cover the 10% of those -- Americans.
Most of whom we're told now don't even want in on this some low wage workers who can't afford this and now the young who were going to be to buttress -- support this.
Who want us to butt out and want nothing to do it this despite efforts to now try to promote and win them over.
Through advertising I guess I'm on an Internet -- NBA.
This is we -- Well I mean that's the problem insurance -- insurance so.
There are all kinds of risk pools and now.
It's Affordable Care Act says that there's got to be guaranteed issue insurance.
So just sort of hedge their -- they have to.
Raise the premium because they are bringing people and and no matter what their medical problems -- and unfortunately -- healthy and that situation who don't really use the insurance.
That balance out the restful and it's not gonna work in unless he's healthy people join into the Red -- on that that's what I'm more worried about what's gonna happen when they -- their 95 dollars instead of 500 dollars a month every month.
And then just wait until something bad happens to home and then.
The whole thing's going to be out of bound well Alter it will happen secretary in your closer some sort of -- doesn't administrative far that and how this was set up and I was but.
The rich pay more of those who have -- pay more taxes go up.
And it's gonna have to be on more than just the rich to fork over sustaining its right.
Well this does constitute a massive shift in -- -- -- this is whole the whole subsidy.
Method that they're using.
Basically shifts wealth from one group to another.
And in this case it's shifting wealth from those who are healthy and those are -- young to those that are not helping him aren't quite as young.
All right so.
If they're not gonna kill this thing.
They're gonna keep promoting this thing.
So at this short -- on Friday a massive overhaul audits.
That's the best we can hope for doctor.
Again I mean I understand the insurance insurance shouldn't be tied to your job and these exchanges are an attempt to do this -- remember this is only for the people.
That did weren't able to get insurance is part of a group.
In that group is growing doctored but I have.
Well the group is growing but the key is you have to have an even risk boy you have to have healthy people mixed in with the sick people.
Not even though most people agree there should be preexisting conditions.
The insurance companies are trying to protect themselves and unfortunately it is through raising premiums and I've talked to executives.
In that industry and -- -- wondering what's gonna be able to afford these products I mean they're gonna be costly and they need to get healthy people and new off at the bound.
-- you can't promise something for announcement.
That's the reality guys thank you both very very much.
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