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All test for the new health -- is just three days away but -- the attorneys general but have that case insurance companies already raising rates because of the new law.
We have adopted -- tell us why they're doing this doctors free golf what are joined the company as a frequent guest.
-- welcome back in -- about right now the private health insurers say we're gonna raise premium rates -- -- to 9%.
They say they're doing it because of new Obama that is that accurate.
There's three things that are really driving up cost one is they've got -- covering the people on cobra or out of a job -- still need to keep coverage.
The second piece is people with preexisting conditions anything under the sun -- they've got to cover about 300000 folks there.
And about I had all the people under the age of 26 about another million people there.
So let's start with -- preexisting conditions as of now.
Back facet of Health Care Reform has kicked did it hats so -- -- come to you if you would ensure I come to USA on -- office -- have got some analysts tunnel that.
Album cover you've got to cover to cover you're talking about that ten billion dollars in cost between now in the next three years just a factor -- All of the people under the age of 26 and preexisting conditions for others that are excellent results they have -- -- them around so everybody has got to pay for this absolutely.
-- -- -- -- Kathleen Sebelius health and human services secretary has written a letter to the private health insurance and say hey.
Don't do this this is outrageous.
You should not be blaming Obama -- for these increases in premiums.
Not that seems to be an -- -- -- pressure tactic for the administration Hussein.
But they've tried this before and it's failed they've tried this any number of times in the insurers don't need to respond.
Because they know that the government has no means.
Of getting access to all of the discounts in the assumptions in the information that the insurers are using.
In terms of charging people would seem like if insurers are not allowed to charge mall because they've got all these extra costs coming -- him.
If the government tried to drive them out of business is that a subplot here isn't.
I think is a hidden agenda I mean ultimately that will have to be that a factor and say look we've tried everything we possibly can't.
Rates are still going up insurers are out of control so plan B come through the side door and say well let's mandate everybody.
And go to a public option.
But what we have enough time only got a couple years and we're already hearing a lot of backlash.
With people who hate the law the numbers are staggering right now.
His one last one for you I believe that today.
-- I think it's Florida Florida the hearings begin on the constitutionality.
That's right of various states attorneys general nineteen about -- of them.
They -- saying you may not impose a mandate on individuals that they must buy health insurance the -- stock today hearings start today when do we get a decision.
I think it's still going to be a while Virginia -- a little bit ahead of the pack in the feeling is is that you know Virginia made a major ruling that they can't dismiss the case I think the feeling is is that they may go all the way to the Supreme Court but it's the whole issue of overstepping the bounds of commerce and forcing people.
-- The courts rule that that is indeed unconstitutional.
That unravels all out to help beautiful it's been absolutely -- -- I think that you're looking at a massive -- because the states.
Remember half of the people that are coming on to insurance to thirty million people have to -- that are going to Medicaid which means the states even though the government is stepping in.
The states are still gonna have to put some of that bill.
And they are really scared about that the second is the exchanges.
To the states have got a lot at stake themselves.
They -- the money for.
And hence the revolt doctor -- up other -- to always filling is -- -- good information packet up to -- --
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