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Detailed text transcripts for TV channel - CNN - 20170625:00:19:00

For the premium increases that we ve experienced over the last four years. those are what are called age bans which overcharge young people and drive them out of the insurance market and value markets that force healthy people out of the market. by reintroducing incentives to get younger people in the insurance markets, premiums go down because younger and healthier people don t consume as much health care and premiums are driven by the average cost of the participants in the market. the more low cost people are in, the more premiums go down. on the flip side, though, if there s no penalty for people not to have health insurance, which according to the senate bill as it stands, there wouldn t be any penalty. why would those younger healthy people even participant if there s no penalty and getting it later when they may need it? how could that drive insurance ....

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