working families that care about health insurance. he s wrong there. he wasn t really telling the truth, period. what about the spiking premiums that you have, the two high deductibles in places, the insurers dropping out all under the aca and the need to fix those that is driving the republican change? well, look, chris, you know this. look what happened at the beginning of the year when president trump did everything he could to discourage new people from signing up for medicaid. these new people overwhelmingly would be the youngest, healthiest people. those are the ones you want in the insurance pool. they stabilize prices and, in some cases, help to bring prices down. their health care costs are not very much. he has continued to dilly dally every month to go ahead with the subsidies. when anthem pulled out of ohio they pretty much said it s because of the uncertainty created by the trump
obamacare is a good deal if you re older and you have preexisting health conditions because it basically asks the young and healthy to subsidize the premiums of the older and sicker. the issue is if young people don t sign up and early evidence is that they re not signing up in sufficient numbers, then the insurance pool is too expensive. that means that rates will go up and a few more people will drop out. there have been eight states that have done the same reforms that obamacare is enacting right now and the experience is pretty much the same in all of them. you see a rate spiral as young people stay out of the market. and it attracts only the older and sicker. so, it s possible that will happen with obamacare. jenna: interesting. the administration still looks at numbers they re getting. says they are solid at this time and we have a couple months left until the real, real deadline of people signing up this year. john, let me circle back to the
that according to one of the architects of obamacare, he told me, couple weeks ago, when the insurance pool is imbalanced too many sick people in and not enough healthy people that could be the beginning of the death spiral, means end of obamacare. just humana, are other companies saying that? no, what is going on here is they signed up, about 2 million people. there are more than 20 million people that are eligible for this program. so they have seigned up less thn 10% of the uninsured. no way you can have a risk pool, until you get to 70% of the people. they re off to a very bad start in terms of having a sustainable risk pool here. the fundamental problem is that misdemeanthat that-many people are passing on buying the insurance. costs them too much after tax
$2,500. that is not happening for most people enroll in obamacare and won t happen for people who did enroll. the premiums are having to be increased to cover the cost of the people who are now coming in the insurance pool who aren t going to pay anything. they were so head-strong and stubborn and cocky of their brilliant idea of obamacare they wouldn t listen. you can t pay more money out than you have coming in. somehow that is cheaper and save people money. common sense says it wouldn t work. ask you the news about you. is it true you are seriously making another run for white house in 2016? you know, uma, i told people i have not ruled that out. i will certainly take a strong, hard look at it i m not trying to be coy or play the game. it s a matter that i do think that people who have governed are in a better position to
that. but the fundamental change is adverse selection. the people who take the time to sign up are the people who need it the most. and that young, healthy people that we need to have contribute to an insurance pool will not. that s why this kink is such a bad problem. we want people to get it, but if the price is that insurance premiums skyrocket for the rest of us, it s a death spiral and health care s broken. you know, austin, we re friends, i like you, i like talking to you, i like the little bets we make you still owe me money. i gave you a gift card to ruth chris s steakhouse. all this evidence is out there, and you re just in a state of denail. i m not in a state of denial. you re in a complete state of