don t have any of the obamacare restrictions in terms of the mandate from the central government. less flexible so people can get lower cost plans if they choose to. laura: now you are in these plans that are supposedly health insurance, but it s access. people don t go to the doctor as much because the out-of-pocket costs are so high, the deductibles are so high. they say i have insurance, but $3600 before i can take advantage of it. those people, the middle-class were were stuck in the area of the economy will best benefit from this? we think a couple different groups of people could benefit from this. first, there are people for whom the affordable care act, obamacare s individual insurance plans are unaffordable. premiums doubled before the end of the obama administration. individual market premiums have soared. so for many people the plans are
don t have any of the obamacare restrictions in terms of the mandate from the central government. less flexible so people can get lower cost plans if they choose to. laura: now you are in these plans that are supposedly health insurance, but it s access. people don t go to the doctor as much because the out-of-pocket costs are so high, the deductibles are so high. they say i have insurance, but $3600 before i can take advantage of it. those people, the middle-class were were stuck in the area of the economy will best benefit from this? we think a couple different groups of people could benefit from this. first, there are people for whom the affordable care act, obamacare s individual insurance plans are unaffordable. premiums doubled before the end of the obama administration. individual market premiums have soared. so for many people the plans are
cost-sharing revenues that the president wrote out of the health care law. and also give flexibility to states. yes. you have gotten right to the heart of it. cost-sharing reduce the o out-of-pocket expenses for those who have 250% or less than poverty. that is certainly appropriate. what s really important is you have democrats and republicans coming together in the health committee bringing the experts to say what can we improve and getting a set of things they can agree on. i would like to see, for example, the president still has the ability to shorten the period for signing up. he still has the ability to do these low hft cost plans for associations that may well be a complete scam for americans and undermine the exchange.
unexpected headlines, as speaker ryan said. if you don t mandate something and you re going to cut some of the subsidies in place, fewer people will get insurance. i think the number is a little high. i think the idea they don t change medicaid in the first year. so i don t understand how you get such a big number coming off in the first year when there aren t that many changes. but the overall direction is correct. there will be fewer people that will be insured. we ll spend a lot less money. the deficit is going to come down, and this is what s not talked about. over time as the market adjusts, you ll see lower costs, more plans to offer lower cost plans for younger people who even today are not in the market get in that market. i will give you some of the private analysis out there. s&p had a dramatically lower number opting out of insurance by 2018. but gene, you hear his analysis. but secretary price said the cbo analysis is totally bogus.
you will have very few choices. aetna s main business is mainly corporations they are not dropping out of a business that is their business. that is not the point. they will have even fewer choices on the exchanges than they do now. jon: we will let our viewers by the choice as their health care plans get cancelled and may be reinstated, we will see. thank you. jenna: in other news a rating companies moody s change in outlook for u.s. health insurers like aetna from stable to negative citing among many issues uncertainty over the new regulations due to the affordable care act. under enrollment among people 18-34-year-olds is the key issue for this ratings change. this is the group that needs to subsidize higher cost plans for older, less healthy people. the concern is the massive expansion of the decayed enrollment.