WEBVTT 00:00.000 --> 00:01.535 OF 00:01.535 --> 00:02.836 GETTING. 00:02.836 --> 00:03.437 >> PARIS, THANK YOU. 00:03.437 --> 00:05.172 >> AND YOU CAN VISIT 00:05.172 --> 00:05.472 OUR 00:05.472 --> 00:06.373 WEBSITE 00:06.373 --> 00:07.774 ABOUT YOUR 00:07.774 --> 00:14.047 SEVERE WEATHER FOE 00:14.047 --> 00:14.515 PHOTOS. 00:14.515 --> 00:15.215 >>> THE AFFORDABLE CARE ACT IS 00:15.215 --> 00:16.450 UNDER FIRE FROM BOTH SIDES OF 00:16.450 --> 00:17.784 THE POLITICAL 00:17.784 --> 00:18.252 AISLE AND 00:18.252 --> 00:19.720 PRESIDENT OBAMA APOLOGIZED 00:19.720 --> 00:20.454 FOR 00:20.454 --> 00:21.722 THE BOTCH ROLL 00:21.722 --> 00:22.389 OUT AND PLEDGED 00:22.389 --> 00:23.524 TO CORRECT THE PROBLEM 00:23.524 --> 00:24.324 BUT 00:24.324 --> 00:25.392 CONFUSION STILL 00:25.392 --> 00:26.293 SEEMS TO 00:26.293 --> 00:26.660 ABOUND. 00:26.660 --> 00:27.694 YOU NOW KEEP 00:27.694 --> 00:28.395 YOUR HEALTH 00:28.395 --> 00:29.563 INSURANCE POLICY EVEN IF YOU 00:29.563 --> 00:30.397 WERE S 00:30.397 --> 00:31.698 ENT TO CANCELLATION 00:31.698 --> 00:32.466 LETTER 00:32.466 --> 00:33.800 AND IF THINGS DON'T 00:33.800 --> 00:34.368 IMPROVE, 00:34.368 --> 00:39.206 COULD LAWMAKERS 00:39.206 --> 00:40.941 ACTUALLY REPEAL 00:40.941 --> 00:41.308 OBAMACARE? 00:41.308 --> 00:42.543 HERE SUE KLINKHAMER IS THE 00:42.543 --> 00:44.411 FORMER SAID TO BILL FOSTER WHO 00:44.411 --> 00:45.245 WORKED 00:45.245 --> 00:46.079 ON THE AFFORDABLE CARE 00:46.079 --> 00:47.714 ACT AND ONE WHO RECENTLY GOT A 00:47.714 --> 00:48.882 ELECTRICITY FROM HER 00:48.882 --> 00:49.616 INSURER, 00:49.616 --> 00:50.517 BLUE 00:50.517 --> 00:51.151 CROSS-BLUE SHIELD WARNING 00:51.151 --> 00:54.821 OF CANCEL EIGHTS OF HER 00:54.821 --> 00:55.255 POLICY. 00:55.255 --> 00:57.057 AND BRUCE JASPEN IS THE 00:57.057 --> 00:59.927 CONTRIBUTOR TO INN 00:59.927 --> 01:00.894 ORBES AND 01:00.894 --> 01:02.829 ANTHONY LeSASSO FROM THE 01:02.829 --> 01:03.530 UNIVERSITY OF 01:03.530 --> 01:04.131 ILLINOIS. 01:04.131 --> 01:05.132 WELCOME ALL 01:05.132 --> 01:08.101 OF YOU. 01:08.101 --> 01:09.570 SUE KLINKHAMER, LET 01:09.570 --> 01:10.337 ME READ AN 01:10.337 --> 01:11.405 EMAIL YOU SENT. 01:11.405 --> 01:12.206 IN 01:12.206 --> 01:13.440 PART IT READ I 01:13.440 --> 01:14.741 SPEND TWO 01:14.741 --> 01:15.609 YEARS DEFENDING 01:15.609 --> 01:16.743 OBAMACARE, I HAD 01:16.743 --> 01:17.811 CONSTITUENTS CALL ME NAMES THAT 01:17.811 --> 01:19.580 I CAN'T PUT 01:19.580 --> 01:21.148 IN 01:21.148 --> 01:21.949 PRINT. 01:21.949 --> 01:23.150 THE CONGRESSMAN WAS NOT 01:23.150 --> 01:24.785 REELECTED BECAUSE OF 01:24.785 --> 01:25.552 THE 01:25.552 --> 01:26.086 ANESTHESIOLOGISTER. 01:26.086 --> 01:27.054 WHEN GRANDSONMAN FOSTER WAS NOT 01:27.054 --> 01:28.288 RE-ELECTED, I ALSO WITH THE REST 01:28.288 --> 01:29.756 OF OUR STAFF LOST MY JOB. 01:29.756 --> 01:30.724 I WAS 01:30.724 --> 01:32.025 UPSET BUT BECAUSE 01:32.025 --> 01:32.659 OF THE 01:32.659 --> 01:34.428 HEALTHCARE ISSUE I DIDN'T HAVE A 01:34.428 --> 01:35.429 JOB BUT STILL 01:35.429 --> 01:36.263 DEFENDED OBAMACARE 01:36.263 --> 01:37.231 BECAUSE IT 01:37.231 --> 01:38.298 WOULD MAKE HEALTHCARE 01:38.298 --> 01:39.766 AVAILABLE TO EVERYONE AT WHAT I 01:39.766 --> 01:41.502 ASSUMED WOULD BE AN AFFORDABLE 01:41.502 --> 01:41.802 PRICE. 01:41.802 --> 01:42.903 I HAVE NOW LEARNED 01:42.903 --> 01:43.737 I WAS 01:43.737 --> 01:44.071 WRONG, 01:44.071 --> 01:45.138 VERY WRONG. 01:45.138 --> 01:46.507 >> TELL US HOW YOU LEARNED YOU 01:46.507 --> 01:48.642 WERE WRONG. 01:48.642 --> 01:50.511 >> WELL, I ASSUMED 01:50.511 --> 01:51.245 THAT WHEN 01:51.245 --> 01:52.679 MY 01:52.679 --> 01:53.180 HEALTH INSURANCE 01:53.180 --> 01:54.381 WOULD HAVE TO 01:54.381 --> 01:56.483 RENEW IN 01:56.483 --> 01:57.050 MARCHCH 2014, I 01:57.050 --> 01:57.484 WOULD 01:57.484 --> 01:58.652 GET A REGULAR LETTER 01:58.652 --> 01:59.353 BUT AROUND 01:59.353 --> 02:00.687 THE FIRST OF OCTOBER, I GOT 02:00.687 --> 02:01.321 A 02:01.321 --> 02:02.289 CANCELLATION LETTER AND IT SAID 02:02.289 --> 02:03.490 THAT IT WOULD 02:03.490 --> 02:04.458 BE 02:04.458 --> 02:05.192 DROPPING MY 02:05.192 --> 02:07.794 COVERAGE AS OF 02:07.794 --> 02:08.228 DECEMBER 31. 02:08.228 --> 02:09.730 THEY GAVE ME A COUPLE OF 02:09.730 --> 02:10.063 OPTIONS. 02:10.063 --> 02:11.732 ONE OF THEM WAS IF I WANTED 02:11.732 --> 02:12.399 TO 02:12.399 --> 02:13.634 KEEP THE MORE BENEFITS, I 02:13.634 --> 02:14.101 COULD, 02:14.101 --> 02:17.671 BUT MY PREMIUM WOULD GO 02:17.671 --> 02:17.971 FROM 02:17.971 --> 02:19.640 $291 TO $647. 02:19.640 --> 02:19.973 IF I 02:19.973 --> 02:20.974 WANTED TO KEEP 02:20.974 --> 02:22.509 A SIMILAR 02:22.509 --> 02:23.510 PRICE, WHICH WOULD PUT 02:23.510 --> 02:24.611 IT 02:24.611 --> 02:25.112 TO 02:25.112 --> 02:26.380 $322, 02:26.380 --> 02:26.680 I 02:26.680 --> 02:27.981 COULD 02:27.981 --> 02:28.615 DO 02:28.615 --> 02:29.650 THAT 02:29.650 --> 02:30.117 WITH 02:30.117 --> 02:31.818 SIMILAR BASIC COVERAGE BUT 02:31.818 --> 02:32.219 MY 02:32.219 --> 02:33.587 DEDUCTIBLE WOULD GO UP 02:33.587 --> 02:34.588 FROM 2500 02:34.588 --> 02:36.757 TO 6500. 02:36.757 --> 02:37.524 SO 02:37.524 --> 02:39.593 I HAD 02:39.593 --> 02:40.194 BEEN 02:40.194 --> 02:41.261 TELLING PEOPLE ALL 02:41.261 --> 02:42.329 ALONG WHEN I 02:42.329 --> 02:44.598 WAS IN THE 02:44.598 --> 02:45.232 CONGRESSMAN'S OFFICE THAT 02:45.232 --> 02:46.433 OBAMACARE WAS A GOOD 02:46.433 --> 02:46.767 THING. 02:46.767 --> 02:47.868 EVERYBODY GETS 02:47.868 --> 02:49.870 TO KEEP WHAT 02:49.870 --> 02:50.337 THEY 02:50.337 --> 02:51.805 HAVE AND IT WOULD JUST BE FOR 02:51.805 --> 02:53.340 PEOPLE WHO HAVE PREEXISTING 02:53.340 --> 02:54.408 CONDITIONS 02:54.408 --> 02:55.542 THAT COULDN'T GET 02:55.542 --> 02:56.743 COVERAGE, WHICH WAS A GREAT 02:56.743 --> 02:57.644 THING, THAT THEY WOULD BE ABLE 02:57.644 --> 02:58.445 TO GET IT. 02:58.445 --> 03:00.547 I DIDN'T THINK THAT BEING ON 03:00.547 --> 03:01.381 THE 03:01.381 --> 03:02.449 OPEN MARKET MEANT I WOULD BE 03:02.449 --> 03:03.750 PART OF 03:03.750 --> 03:04.117 TO 03:04.117 --> 03:05.385 THAT GROUP AND 03:05.385 --> 03:06.053 I'M 03:06.053 --> 03:07.621 ALSO VERY UPSET BECAUSE NOW I 03:07.621 --> 03:08.956 KEEP HEARING MY POLICY REFERRED 03:08.956 --> 03:10.724 TO AS A JUNK 03:10.724 --> 03:13.460 POLICY 03:13.460 --> 03:13.961 OR 03:13.961 --> 03:16.430 SUBSTANDARD AND THAT'S A 03:16.430 --> 03:16.864 TALKING 03:16.864 --> 03:18.665 POINT THAT'S COMING OUT OF THE 03:18.665 --> 03:19.666 DEMOCRATS, OF WHICH I 03:19.666 --> 03:20.567 AM ONE. 03:20.567 --> 03:21.668 AGAIN, I WANT 03:21.668 --> 03:22.870 THIS TO SUCCEED 03:22.870 --> 03:24.404 BUT I DON'T WANT TO HEAR NOW I 03:24.404 --> 03:25.439 HAD A BAD 03:25.439 --> 03:27.140 POLICY FOR ALL 03:27.140 --> 03:27.741 THAT 03:27.741 --> 03:28.942 TIME WHEN I WAS ONE 03:28.942 --> 03:31.812 OF 03:31.812 --> 03:32.279 THOSE 03:32.279 --> 03:33.847 PEOPLE THAT LOOK AT THIS 03:33.847 --> 03:34.314 ISSUE 03:34.314 --> 03:36.083 AND SAY IT'S ONLY 5% OF THE 03:36.083 --> 03:37.451 POPULATION AND THEN THEY 03:37.451 --> 03:38.485 ASSUME 03:38.485 --> 03:39.253 IT'S 5% 03:39.253 --> 03:40.153 THAT 03:40.153 --> 03:41.622 MEANS WERE 03:41.622 --> 03:42.222 WETY, 03:42.222 --> 03:42.890 NOT UNEMPLOYED. 03:42.890 --> 03:44.391 THAT'S WHY WE'RE ON THE OPEN 03:44.391 --> 03:45.559 MARKET, BECAUSE WE DON'T 03:45.559 --> 03:45.993 HAVE 03:45.993 --> 03:47.194 ASSESS TO HEALTHCARE FROM 03:47.194 --> 03:48.195 AN 03:48.195 --> 03:48.662 EMPLOYER. 03:48.662 --> 03:49.796 >> THE IRONY HERE 03:49.796 --> 03:50.697 IS YOU'RE 03:50.697 --> 03:51.198 A 03:51.198 --> 03:52.399 FORMER SUBURBAN 03:52.399 --> 03:52.933 MAYOR. 03:52.933 --> 03:54.368 YOU WERE A 03:54.368 --> 03:55.302 LOBBYIST FOR MAYOR 03:55.302 --> 03:56.203 DALEY IN 03:56.203 --> 03:56.603 WASHINGTON. 03:56.603 --> 03:57.671 YOU WORKED FOR 03:57.671 --> 03:58.605 CONGRESSMAN BILL 03:58.605 --> 03:59.806 FOSTER SO ONE WOULD PRESUME YOU 03:59.806 --> 04:01.475 ARE NOT A 04:01.475 --> 04:03.076 NEOPHYTE 04:03.076 --> 04:04.111 TO THE 04:04.111 --> 04:05.412 LEGISLATIVE PROCESS OR TO 04:05.412 --> 04:06.780 POLICIES IF GENERAL, RIGHT? 04:06.780 --> 04:08.282 >> PLUS I WORKED FOR 04:08.282 --> 04:08.982 AN 04:08.982 --> 04:10.017 INSURANCE BROKER FOR YEARS SO I 04:10.017 --> 04:11.451 KNOW A LOT ABOUT HEALTHCARE, 04:11.451 --> 04:11.785 TOO. 04:11.785 --> 04:12.819 >> SO YOU DIDN'T SEE THIS 04:12.819 --> 04:13.220 COMING? 04:13.220 --> 04:14.054 >> NO, I DIDN'T. 04:14.054 --> 04:15.355 I DID NOT SEE GETTING 04:15.355 --> 04:16.823 A LETTER 04:16.823 --> 04:17.891 FROM 04:17.891 --> 04:18.992 BLUE CROSS UNTIL 04:18.992 --> 04:19.726 MAYBE 04:19.726 --> 04:21.195 JANUARY THAT WOULD 04:21.195 --> 04:21.628 SAY, 04:21.628 --> 04:22.796 COME 04:22.796 --> 04:24.031 MARCH, 04:24.031 --> 04:25.699 LET'S NEGOTIATE AGAIN 04:25.699 --> 04:26.900 LIKE WE DO EVERY YEAR 04:26.900 --> 04:27.901 IN MARCH. 04:27.901 --> 04:29.136 >> BRUCE JASPEN, FROM THE 04:29.136 --> 04:30.604 STANDPOINT OF REPORTING THIS 04:30.604 --> 04:32.406 STORY, IN THE BEGINNING 04:32.406 --> 04:32.606 OF 04:32.606 --> 04:33.106 THE 04:33.106 --> 04:34.174 ADMINISTRATION SAID THERE ARE 04:34.174 --> 04:35.142 VERY FEW 04:35.142 --> 04:36.109 PROBLEMS AND THEN 04:36.109 --> 04:37.044 THEY 04:37.044 --> 04:39.313 HAVE GROWN INTO AN 04:39.313 --> 04:44.685 AVALANCHE OF 04:44.685 --> 04:45.519 ACKNOWLEDGEMENT OF PROBLEM. 04:45.519 --> 04:46.720 HOW MANY PEOPLE ARE IN 04:46.720 --> 04:47.487 THIS? 04:47.487 --> 04:48.655 >> I WOULD SAY 04:48.655 --> 04:49.623 THERE 04:49.623 --> 04:50.858 ARE -- NOT 04:50.858 --> 04:51.692 TO DISCOUNT WHAT SHE'S SAYING, 04:51.692 --> 04:52.593 IT IS 04:52.593 --> 04:53.727 A SMALL 04:53.727 --> 04:54.528 NUMBER, MAYBE 04:54.528 --> 04:55.362 3% 04:55.362 --> 04:56.330 TO 5% ACROSS 04:56.330 --> 04:57.364 THE COUNTRY OR 04:57.364 --> 04:57.865 FOUR 04:57.865 --> 04:59.366 TO FIVE MILLION 04:59.366 --> 04:59.700 PEOPLE. 04:59.700 --> 05:01.034 NOT EVERYBODY IS GOING 05:01.034 --> 05:02.269 TO 05:02.269 --> 05:02.870 GET 05:02.870 --> 05:03.737 THE -- THEY'RE GETTING 05:03.737 --> 05:04.872 RICHER 05:04.872 --> 05:07.174 BENEFITS ON THE EXCHANGES. 05:07.174 --> 05:10.844 THE EC CHANGE 05:10.844 --> 05:11.111 TO 05:11.111 --> 05:12.145 PARTICIPATE YOU 05:12.145 --> 05:12.913 HAVE TO HAVE 05:12.913 --> 05:13.447 EXCHANGE BENEFITS. 05:13.447 --> 05:15.449 IF YOU DON'T HAVE ANY MENTAL 05:15.449 --> 05:16.650 PROBLEMS, YOU'LL GET 05:16.650 --> 05:17.017 MENTAL 05:17.017 --> 05:17.751 HEALTH COVERAGE WHETHER YOU WANT 05:17.751 --> 05:19.253 IT OR NOT. 05:19.253 --> 05:20.053 MATERNITY COVERAGE, THAT 05:20.053 --> 05:20.787 WILL 05:20.787 --> 05:21.755 MAKE IT MORE 05:21.755 --> 05:23.090 EXPENSIVE THAN WHAT 05:23.090 --> 05:24.091 PEOPLE HAVE. 05:24.091 --> 05:25.692 THAT'S WHY THE COSTS ARE GOING 05:25.692 --> 05:25.993 UP. 05:25.993 --> 05:27.060 SOME PEOPLE'S COSTS 05:27.060 --> 05:28.128 WILL GO DOWN 05:28.128 --> 05:29.096 AND SO THE 05:29.096 --> 05:30.430 GOOD NEWS IS, PEOPLE 05:30.430 --> 05:31.665 ARE GOING TO HAVE 05:31.665 --> 05:32.199 ACCESS WHEN 05:32.199 --> 05:33.267 THE WEBSITE IS 05:33.267 --> 05:34.067 FIXED 05:34.067 --> 05:34.801 TO A 05:34.801 --> 05:35.936 PRIVATE HEALTH INSURANCE PLAN. 05:35.936 --> 05:37.604 THE BAD NEWS IS PEOPLE WILL GET 05:37.604 --> 05:38.805 ACCESS TO A PRIVATE HEALTH 05:38.805 --> 05:41.508 INSURANCE PLAN. 05:41.508 --> 05:42.342 THIS 05:42.342 --> 05:43.377 IS -- IT'S ALWAYS 05:43.377 --> 05:44.511 GOING 05:44.511 --> 05:45.112 TO 05:45.112 --> 05:46.513 STAY PROBLEMATIC BUT WHEN YOU 05:46.513 --> 05:47.681 ARE GETTING PRIVATE 05:47.681 --> 05:49.416 COMPANIES 05:49.416 --> 05:49.950 INVOLVED 05:49.950 --> 05:50.918 HERE, 05:50.918 --> 05:51.485 COST 05:51.485 --> 05:51.885 FLUCTUATES 05:51.885 --> 05:53.420 AND THEY GO UP AND DOWN TO 05:53.420 --> 05:54.955 WELCOME TO THE PRIVATE INSURANCE 05:54.955 --> 05:55.355 MARKET. 05:55.355 --> 05:56.390 >> BUT AT 05:56.390 --> 05:57.090 THE 05:57.090 --> 05:58.692 SAME 05:58.692 --> 05:59.526 TIME, ANTHONY 05:59.526 --> 06:00.928 LeSASSO, WE KNEW THIS WAS A 06:00.928 --> 06:02.296 PRIVATE INSURANCE, WE KNEW THIS 06:02.296 --> 06:03.297 WAS A SINGLE 06:03.297 --> 06:04.431 PAYER SYSTEM. 06:04.431 --> 06:05.933 SO 06:05.933 --> 06:09.203 ARE THESE P YOUR 06:09.203 --> 06:09.770 VIEW, 06:09.770 --> 06:10.904 SURPRISES OR NOT? 06:10.904 --> 06:11.939 >> I THINK THE SURPRISING PART 06:11.939 --> 06:13.307 WAS THAT THERE WAS A 06:13.307 --> 06:13.841 CLEARLY A 06:13.841 --> 06:15.175 DECISION MADE 06:15.175 --> 06:16.944 IN 06:16.944 --> 06:19.079 THE 06:19.079 --> 06:19.613 ADMINISTRATION THAT 06:19.613 --> 06:20.480 GRANDFATHERING THE IF YOU LIKE 06:20.480 --> 06:21.715 YOUR LAND YOU CAN KEEP 06:21.715 --> 06:22.249 IT WHERE 06:22.249 --> 06:23.383 IT HAD TO DO WITH 06:23.383 --> 06:24.351 THE SLID 06:24.351 --> 06:25.953 MARKET, WAS JUST NOT GOING TO BE 06:25.953 --> 06:26.286 ALLOWED. 06:26.286 --> 06:27.221 I MEAN, I 06:27.221 --> 06:28.222 CAN VIEW IT 06:28.222 --> 06:29.723 ANOTHER 06:29.723 --> 06:29.990 WAY. 06:29.990 --> 06:31.558 IT WAS 5% OF THE 06:31.558 --> 06:32.593 POPULATION. 06:32.593 --> 06:33.427 5% IS 06:33.427 --> 06:34.194 ABOUT 15 MILLION PEOPLE. 06:34.194 --> 06:35.829 THAT'S A LOT OF THE PEOPLE AND A 06:35.829 --> 06:37.030 DECISION WAS MADE TO SAY, 06:37.030 --> 06:37.497 WELL, 06:37.497 --> 06:39.333 PEOPLE WHO ARE 06:39.333 --> 06:39.800 BUYING THEIR 06:39.800 --> 06:40.667 HEALTHCARE POLICIES IN THE 06:40.667 --> 06:42.336 INDIVIDUAL MARKETS WILL BE 06:42.336 --> 06:44.838 HEALTHIER THAN AVERAGE. 06:44.838 --> 06:45.072 AND THE 06:45.072 --> 06:46.006 GRANDFATHERING PROVISION 06:46.006 --> 06:47.374 WAS WRITTEN IN SUCH 06:47.374 --> 06:47.774 A STRICT 06:47.774 --> 06:50.010 MANNER THAT VERY FEW OF THOSE 06:50.010 --> 06:53.380 POLICIES COULD BE 06:53.380 --> 06:54.047 MAINTAINED. 06:54.047 --> 06:55.616 OBVIOUSLY SUE'S WAS ONE THAT 06:55.616 --> 06:56.750 WOULD NOT BE MAINTAINED. 06:56.750 --> 06:57.584 THAT'S A LOT OF PEOPLE. 06:57.584 --> 06:58.986 IMPROVE DON'T THINK IT'S A 06:58.986 --> 06:59.686 TRIVIAL NUMBER THAT WE'RE 06:59.686 --> 07:00.821 TALKING ABOUT. 07:00.821 --> 07:02.589 WE'RE TALKING 07:02.589 --> 07:03.090 EIGHT, 10 MILLION 07:03.090 --> 07:04.258 PEOPLE THAT WILL BE 07:04.258 --> 07:04.992 GETTING 07:04.992 --> 07:06.026 CANCELLATION NOTICES. 07:06.026 --> 07:07.661 I THINK AS WE HEARD FROM 07:07.661 --> 07:07.995 SUE, 07:07.995 --> 07:09.696 THIS WASN'T NECESSARILY A JUNK 07:09.696 --> 07:10.030 POLICY. 07:10.030 --> 07:11.265 YOU MEAN SHE PICKED 07:11.265 --> 07:11.665 IT. 07:11.665 --> 07:14.635 SHE MUST HAVE LIKED IT. 07:14.635 --> 07:16.036 AND THE ALTERNATIVE TO THIS IS 07:16.036 --> 07:17.371 THEY WILL BE EXPENSIVE. 07:17.371 --> 07:18.906 >> WE NOW GO TO WHERE WE 07:18.906 --> 07:19.606 ARE, 07:19.606 --> 07:20.774 THE WHITE HOUSE MEETS 07:20.774 --> 07:22.009 WITH ALL 07:22.009 --> 07:23.477 OF THESE 07:23.477 --> 07:24.678 INSURANCE 07:24.678 --> 07:25.145 PROVIDERS. 07:25.145 --> 07:26.313 OUT OF THAT COMES 07:26.313 --> 07:27.881 WHAT, IF WE 07:27.881 --> 07:28.382 KNOW? 07:28.382 --> 07:29.249 >> WELL, 07:29.249 --> 07:30.484 THEY'RE GOING TO -- 07:30.484 --> 07:32.386 FIRST OF ALL, THE PEOPLE WHO ARE 07:32.386 --> 07:33.420 SAYING THAT THIS WILL 07:33.420 --> 07:34.421 BE 07:34.421 --> 07:35.255 REPEOPLED OR 07:35.255 --> 07:36.523 WHATEVER, IT WON'T 07:36.523 --> 07:36.857 HAPPEN. 07:36.857 --> 07:37.858 THEY'RE NOT HEARING ANYBODY FROM 07:37.858 --> 07:38.892 THE INSURANCE INDUSTRY SAYING WE 07:38.892 --> 07:40.294 DON'T WANT TO DO THIS NOW. 07:40.294 --> 07:42.196 WHAT THE INSURANCE 07:42.196 --> 07:42.629 COMPANIES -- 07:42.629 --> 07:44.031 FIRST OF ALL, THE PRESIDENT, 07:44.031 --> 07:45.732 THAT WAS A POLITICAL MOVE ON HIS 07:45.732 --> 07:46.833 PART, THAT WON'T HAPPEN. 07:46.833 --> 07:48.235 THE INSURANCE DIRECTORS ACROSS 07:48.235 --> 07:49.503 THE COUNTRY WILL DECIDE 07:49.503 --> 07:50.037 WHETHER 07:50.037 --> 07:51.605 PEOPLE'S POLICIES ARE 07:51.605 --> 07:52.039 CANCELED. 07:52.039 --> 07:53.240 THAT'S IN THE LAW. 07:53.240 --> 07:54.341 ILLINOIS WILL PROBABLY GO ALONG 07:54.341 --> 07:55.676 WITH WHAT THE PRESIDENT WILL DO 07:55.676 --> 07:57.411 AND EXTEND THEM BUT THE HEALTH 07:57.411 --> 07:58.345 INSURANCE COMPANIES 07:58.345 --> 07:59.446 ARE NOT WILD 07:59.446 --> 08:00.747 ABOUT THAT BECAUSE 08:00.747 --> 08:01.715 THEY VIEW 08:01.715 --> 08:02.583 THESE 08:02.583 --> 08:03.717 PEOPLE 08:03.717 --> 08:04.318 AS 08:04.318 --> 08:06.119 HAVING 08:06.119 --> 08:07.020 EMPTIER 08:07.020 --> 08:07.855 BENEFITS BUT THE I 08:07.855 --> 08:08.555 NSURANCE 08:08.555 --> 08:10.090 COMPANIES ARE BUILT IN THE IDEA 08:10.090 --> 08:11.325 THAT THEY WOULD HAVE 08:11.325 --> 08:11.959 RICHER 08:11.959 --> 08:13.126 BENEFITS AND THAT THEY 08:13.126 --> 08:13.727 WOULD BE 08:13.727 --> 08:15.262 MORE PEOPLE PAYING INTO THE POOL 08:15.262 --> 08:18.432 AND THE COST WOULD BE 08:18.432 --> 08:18.799 OPTIONAL. 08:18.799 --> 08:19.833 SO POLICIES WHO 08:19.833 --> 08:20.901 ARE CONTINUED, 08:20.901 --> 08:22.236 IF THE PRESIDENT WILL SAY YOUR 08:22.236 --> 08:23.604 POLICY IS CONTINUED, THE 08:23.604 --> 08:24.071 COSTS 08:24.071 --> 08:25.772 WILL GO UP BECAUSE NOW THE 08:25.772 --> 08:26.740 INSURANCE COMPANIES ALSO 08:26.740 --> 08:27.641 FACE 08:27.641 --> 08:28.942 TAXES TO PAY FOR THIS. 08:28.942 --> 08:29.977 >> HERE IS THE PROBLEM WITH 08:29.977 --> 08:30.277 THAT. 08:30.277 --> 08:33.847 IF 08:33.847 --> 08:34.381 IN TERMS 08:34.381 --> 08:35.315 OF OF HAVING 08:35.315 --> 08:36.450 THIS 08:36.450 --> 08:38.051 MARKET WITH SOME CANCELED 08:38.051 --> 08:39.052 POLICIES TO CONTINUE, 08:39.052 --> 08:39.987 WHO WILL 08:39.987 --> 08:43.357 KEEP THOSE? 08:43.357 --> 08:44.658 GENERALLY 08:44.658 --> 08:46.660 HEALTHIER PEOPLE? 08:46.660 --> 08:47.060 THIS IS 08:47.060 --> 08:48.128 EXACTLY WHAT THE 08:48.128 --> 08:48.829 ADMINISTRATION HAS BEEN TRYING 08:48.829 --> 08:51.131 TO 08:51.131 --> 08:52.633 AVOID, IS 08:52.633 --> 08:54.334 THIS BUY FUR 08:54.334 --> 08:54.801 CASE 08:54.801 --> 08:56.737 OF THE SICK GOING INTO THE 08:56.737 --> 08:57.104 EXCHANGES. 08:57.104 --> 08:58.739 HAVE THINK IS A GREATER RISK NOW 08:58.739 --> 09:00.073 THAN IT WAS AT THE END OF 09:00.073 --> 09:01.375 SEPTEMBER WHEN WE WERE WONDER 09:01.375 --> 09:02.476 WHAT WAS COMING. 09:02.476 --> 09:03.977 >> WHICH APPEARS THAT WOULD 09:03.977 --> 09:05.078 BANKRUPT THE SYSTEM AS OPPOSED 09:05.078 --> 09:05.979 TO ALLOW 09:05.979 --> 09:07.181 THE SYSTEM TO GO 09:07.181 --> 09:10.717 FORWARD. 09:10.717 --> 09:11.685 >> BUT ACROSS HAS ALREADY FOR 09:11.685 --> 09:13.287 THE PAST COUPLE OF YEARS IN 09:13.287 --> 09:14.821 ANTICIPATION OF THIS HAS ADDED A 09:14.821 --> 09:16.290 LOT OF THESE ESSENTIAL 09:16.290 --> 09:16.690 BENEFITS. 09:16.690 --> 09:18.559 LIKE THE WELLNESS PART, YOU 09:18.559 --> 09:19.459 KNOW, THE 09:19.459 --> 09:20.894 MAMMOGRAMS, THE BLOOD 09:20.894 --> 09:22.162 TESTS, 09:22.162 --> 09:23.197 THE 09:23.197 --> 09:23.564 PHYSICAL. 09:23.564 --> 09:24.965 THEY WERE WORKING THEIR WAY UP 09:24.965 --> 09:26.066 TO IT. 09:26.066 --> 09:27.534 >> THEY ALREADY HAVE 09:27.534 --> 09:28.335 IT, 09:28.335 --> 09:28.769 ACTUALLY. 09:28.769 --> 09:29.703 >> BENCHMARK PLAN IS THE PLAN 09:29.703 --> 09:31.071 THAT'S 09:31.071 --> 09:31.672 SOLD 09:31.672 --> 09:33.874 IS THE ENTREPRENEUR 09:33.874 --> 09:34.374 PLAN AND 09:34.374 --> 09:36.376 SO THE SITUATION 09:36.376 --> 09:36.710 IS 09:36.710 --> 09:38.679 SUCH THAT NOW YOU 09:38.679 --> 09:39.913 HAVE A 09:39.913 --> 09:42.015 SITUATION, IT'S ALMOST 09:42.015 --> 09:43.417 LAUGHABLE, THE INSURANCE 09:43.417 --> 09:44.184 COMPANIES ARE 09:44.184 --> 09:44.885 GOING 09:44.885 --> 09:46.153 GO 09:46.153 --> 09:46.520 INSOLVENT. 09:46.520 --> 09:48.922 THEY BOON THEY'RE 09:48.922 --> 09:49.489 MAKING 09:49.489 --> 09:50.524 BILLIONS OF 09:50.524 --> 09:51.391 DOLLARS. 09:51.391 --> 09:52.125 >> THEY WON'T WEEP FOR THEM BUT 09:52.125 --> 09:53.126 IN THE MEANTIME WHAT ARE YOU 09:53.126 --> 09:54.294 DOING WITH YOUR INSURANCE? 09:54.294 --> 09:55.629 THAT'S THE PROBLEM. 09:55.629 --> 09:56.597 I'M IN A 09:56.597 --> 09:57.431 HOLDING 09:57.431 --> 09:57.798 PATTERN. 09:57.798 --> 09:59.399 I HAVE GOING ON THE 09:59.399 --> 09:59.867 EXCHANGES. 09:59.867 --> 10:01.134 I HAVE TO 10:01.134 --> 10:02.636 WRAP MY 10:02.636 --> 10:05.239 HEAD AROUND 10:05.239 --> 10:06.406 THE $6,000 DEDUCTIBLE AND THAT'S 10:06.406 --> 10:08.408 THE PROBLEM WITH ME. 10:08.408 --> 10:08.642 AGAIN, I 10:08.642 --> 10:09.610 DON'T 10:09.610 --> 10:10.310 THINK THE 10:10.310 --> 10:11.712 PRESIDENT WENT ANYWHERE TO SAY, 10:11.712 --> 10:13.013 KEEP YOUR 10:13.013 --> 10:13.647 PLAN. 10:13.647 --> 10:14.581 I'M 10:14.581 --> 10:16.016 NOT -- APPARENTLY 10:16.016 --> 10:16.817 MY 10:16.817 --> 10:19.720 PLAN 10:19.720 --> 10:20.687 ISN'T GREAT OR IT CAN 10:20.687 --> 10:21.455 BE BETTER. 10:21.455 --> 10:23.690 BUT I'M INTERESTED IN KEEPING MY 10:23.690 --> 10:24.558 PREMIUMS AND 10:24.558 --> 10:25.492 MY 10:25.492 --> 10:25.959 DEDUCTIBLE. 10:25.959 --> 10:29.096 >> HAVE YOU HEARD FROM BLUE 10:29.096 --> 10:29.563 CROSS. 10:29.563 --> 10:30.697 -BLUE SHIELD SAYING YOU CAN HAVE 10:30.697 --> 10:32.332 IT ANOTHER YEAR. 10:32.332 --> 10:33.166 >> NO, FRIDAY 10:33.166 --> 10:34.234 I GOT AN EMAIL 10:34.234 --> 10:37.604 SAYING HANG 10:37.604 --> 10:38.405 ON, WE'VE 10:38.405 --> 10:38.906 ASSISTED 10:38.906 --> 10:39.540 THE PRESIDENT. 10:39.540 --> 10:40.440 WE'LL GET BACK TO YOU. 10:40.440 --> 10:41.742 IN THE MEANTIME WHAT PEOPLE 10:41.742 --> 10:43.076 DON'T UNDERSTAND IS PEOPLE LIKE 10:43.076 --> 10:44.478 ME DON'T 10:44.478 --> 10:44.912 HAVE 10:44.912 --> 10:45.879 A DEADLINE UNTIL 10:45.879 --> 10:46.180 MARCH. 10:46.180 --> 10:47.314 WE HAVE TO DO 10:47.314 --> 10:47.981 DECEMBER 15 TO 10:47.981 --> 10:52.186 HAVE COVERAGE ON JANUARY 1. 10:52.186 --> 10:52.619 AND I'M 10:52.619 --> 10:53.620 NOT 10:53.620 --> 10:54.454 REAL COMFORTABLE 10:54.454 --> 10:57.257 WITH HAVING THIS OUT 10:57.257 --> 10:57.658 THERE. 10:57.658 --> 10:59.159 THERE WAS A CERTAIN PANIC FROM 10:59.159 --> 11:00.594 PLENTY OF PEOPLE WHO HAVE GOTTEN 11:00.594 --> 11:01.228 THESE. 11:01.228 --> 11:02.763 IT LOOKED LIKE A SUBPOENA YOU 11:02.763 --> 11:04.865 GET FROM YOUR 11:04.865 --> 11:05.566 INSURANCE 11:05.566 --> 11:05.999 COMPANY. 11:05.999 --> 11:07.467 >> IMAGINE THAT, IT'S NOT THE 11:07.467 --> 11:08.569 MOST FRIENDLY WRITTEN THING FROM 11:08.569 --> 11:10.304 THE INSURANCE COMPANY. 11:10.304 --> 11:11.138 HERE, THAT'S TRUE. 11:11.138 --> 11:12.973 SO PEOPLE ARE 11:12.973 --> 11:13.807 GETTING SORT OF 11:13.807 --> 11:15.442 THESE SCARRY LETTERS THAT ARE 11:15.442 --> 11:16.376 NOT WRITTEN BY 11:16.376 --> 11:17.177 THE RR 11:17.177 --> 11:17.711 DEPARTMENT 11:17.711 --> 11:18.946 BUT BY SOME ACTUARY OR 11:18.946 --> 11:20.647 A LAWYER, 11:20.647 --> 11:21.048 GOD FORBID. 11:21.048 --> 11:22.349 AND SO IT'S A SCARRY THING. 11:22.349 --> 11:23.450 I THINK, 11:23.450 --> 11:25.185 THOUGH, THAT WHAT -- AS 11:25.185 --> 11:26.486 SOON AS THE WEBSITE 11:26.486 --> 11:27.821 GETS 11:27.821 --> 11:28.956 FIXED -- 11:28.956 --> 11:29.723 >> WHEN WILL THAT 11:29.723 --> 11:30.090 BE? 11:30.090 --> 11:31.825 >> UNTIL MAYBE THE END OF THE 11:31.825 --> 11:32.125 MONTH. 11:32.125 --> 11:33.193 THE OTHER THING, WHEN THESE 11:33.193 --> 11:34.494 INSURANCE COMPANIES WERE INVITED 11:34.494 --> 11:35.729 TO THE WHITE HOUSE -- YOU HAVE 11:35.729 --> 11:36.530 TO 11:36.530 --> 11:37.364 REMEMBER THE LIBERAL DEMOCRAT 11:37.364 --> 11:38.332 IS 11:38.332 --> 11:39.366 INVITING THE INSURANCE 11:39.366 --> 11:40.267 COMPANIES TO THE WHITE HOUSE. 11:40.267 --> 11:41.735 THIS IS THE SECOND TIME IN THE 11:41.735 --> 11:42.236 LAST MONTH. 11:42.236 --> 11:43.504 THEY'RE LOOKING FOR THINGS. 11:43.504 --> 11:45.939 THEY'RE LOOKING 11:45.939 --> 11:46.039 FOR 11:46.039 --> 11:47.174 , PERHAPS, AN 11:47.174 --> 11:48.408 EASE OF MARKETING AND NEED O 11:48.408 --> 11:49.243 F 11:49.243 --> 11:49.576 AIRWAYS. 11:49.576 --> 11:51.411 THEY'RE LOOKING FOR WAYS 11:51.411 --> 11:51.512 T 11:51.512 --> 11:52.446 O 11:52.446 --> 11:53.647 ALLOW, FOR 11:53.647 --> 11:55.949 THE GOVERNMENT 11:55.949 --> 11:56.583 TO 11:56.583 --> 11:57.951 ALLOW THEM 11:57.951 --> 11:58.452 TO 11:58.452 --> 11:59.186 GO TO THEM RATHER 11:59.186 --> 12:00.354 THAN THE WINDOW. 12:00.354 --> 12:04.625 YOU'LL SEE A LOT OF MOVING 12:04.625 --> 12:06.226 PIECES COMING UP 12:06.226 --> 12:06.927 BECAUSE THE 12:06.927 --> 12:08.328 INSURANCE COMING WILL GET 12:08.328 --> 12:09.296 MILLIONS OF DOLLARS IN BUSINESS. 12:09.296 --> 12:10.931 >> ONE WAY OR 12:10.931 --> 12:11.365 ANOTHER. 12:11.365 --> 12:12.533 >> THE ISSUE ABOUT THE INSURANCE 12:12.533 --> 12:13.600 COMPANIES MAKING BILLIONS I 12:13.600 --> 12:14.601 THINK IS A BIT 12:14.601 --> 12:17.070 OF 12:17.070 --> 12:17.504 DISTRACTION. 12:17.504 --> 12:18.939 THE MAIN ISSUE 12:18.939 --> 12:19.406 IS WHAT 12:19.406 --> 12:20.174 IS THE 12:20.174 --> 12:20.474 RISK? 12:20.474 --> 12:21.608 THIS IS A PUBLIC 12:21.608 --> 12:22.910 POLICY, WHAT IS 12:22.910 --> 12:24.144 THE RISK POOL GOING TO LOOKS 12:24.144 --> 12:25.546 LIKE IN THE CHANGES WHEN YOU 12:25.546 --> 12:27.114 HAVE A LOT OF 12:27.114 --> 12:27.848 HEALTHY PEOPLE 12:27.848 --> 12:29.049 EITHER STAYING 12:29.049 --> 12:29.550 BACK WITH 12:29.550 --> 12:30.517 PREVIOUSLY 12:30.517 --> 12:31.418 CANCELED 12:31.418 --> 12:32.853 POLICIES OR 12:32.853 --> 12:36.356 OPTING OUT THE 12:36.356 --> 12:36.757 EXCHANGES? 12:36.757 --> 12:38.225 I THINK LOOKING OUT IN 12:38.225 --> 12:39.426 TERMS 12:39.426 --> 12:39.826 OF 12:39.826 --> 12:40.861 2014, WHAT I'M 12:40.861 --> 12:41.762 LOOKING FOR IS 12:41.762 --> 12:42.996 WHAT'S GOING TO HAPPEN NEXT 12:42.996 --> 12:44.064 OPEN 12:44.064 --> 12:45.165 ENROLLMENT SEASON 12:45.165 --> 12:45.766 WHEN THE 12:45.766 --> 12:47.034 INSURERS HAVE 12:47.034 --> 12:47.868 TO REPRICE THEIR 12:47.868 --> 12:49.670 PLAN AND DECIDE ON THEIR 12:49.670 --> 12:50.103 PREMIUMS THEN? 12:50.103 --> 12:51.638 ARE WE GOING TO 12:51.638 --> 12:52.105 GET A 12:52.105 --> 12:53.140 REALISTICKER SHOCK THEN? 12:53.140 --> 12:55.475 THERE ARE VERY PLAUSIBLE 12:55.475 --> 12:56.510 SCENARIOS IN WHICH 12:56.510 --> 12:58.378 THIS DOES 12:58.378 --> 13:00.113 UNRAVEL 13:00.113 --> 13:00.914 AS 13:00.914 --> 13:01.648 IN AN 13:01.648 --> 13:03.016 ACTUAL VIRAL, 13:03.016 --> 13:04.284 DEATH SPIRAL IN THE INSURANCE 13:04.284 --> 13:04.685 MARKET. 13:04.685 --> 13:05.886 >> WHAT PEOPLE HAVE TO BE AWARE 13:05.886 --> 13:07.254 OF IS WHEN YOU GO 13:07.254 --> 13:07.788 TO 13:07.788 --> 13:08.789 THE 13:08.789 --> 13:10.390 MARKETPLACE AND THERE IS A 13:10.390 --> 13:11.592 PREMIUM, THAT'S NOT NECESSARILY 13:11.592 --> 13:12.893 THE PREMIUM YOU'RE GOING 13:12.893 --> 13:13.794 TO GET. 13:13.794 --> 13:15.295 BECAUSE WHEN YOU GO TO THE 13:15.295 --> 13:16.530 WEBSITE AS 13:16.530 --> 13:16.964 THE 13:16.964 --> 13:17.598 INDIVIDUAL 13:17.598 --> 13:19.166 INSURER, YOU DON'T HAVE TO PUT 13:19.166 --> 13:20.000 IN ANY HEALTH INSURANCE BUT YOU 13:20.000 --> 13:22.569 HAVE TO PUT IN YOUR AGE. 13:22.569 --> 13:23.170 AND I'M 13:23.170 --> 13:24.771 TELLING YOU, AS 13:24.771 --> 13:25.205 A 60 13:25.205 --> 13:26.640 YEAR OLD PERSON WHO CAN'T WAIT 13:26.640 --> 13:28.408 TO GET TO MEDICARE WHICH I NEVER 13:28.408 --> 13:29.776 THOUGHT I WOULD 13:29.776 --> 13:30.177 SAY, 13:30.177 --> 13:31.612 BUT THE 13:31.612 --> 13:32.513 PREMIUMS -- AND THEY PUT 13:32.513 --> 13:32.980 THAT, 13:32.980 --> 13:34.147 THEY SAY IT DEPENDS 13:34.147 --> 13:35.048 WHERE YOU 13:35.048 --> 13:35.349 LIVE. 13:35.349 --> 13:36.416 IT DEPENDS ON YOUR 13:36.416 --> 13:36.984 AGE. 13:36.984 --> 13:38.118 THESE ARE 13:38.118 --> 13:38.819 AN AVERAGE 13:38.819 --> 13:39.386 PRICE. 13:39.386 --> 13:40.320 >> YOU ARE 13:40.320 --> 13:40.854 HEALTHY? 13:40.854 --> 13:42.055 >> AND 13:42.055 --> 13:42.589 I'M -- 13:42.589 --> 13:43.924 >> THAT'S FAR 13:43.924 --> 13:44.391 INTRUSIVE. 13:44.391 --> 13:45.893 >> I'M JUST SAYING IF YOU THINK 13:45.893 --> 13:47.828 YOU'RE GOING TO GET A THING 13:47.828 --> 13:48.095 FOR 13:48.095 --> 13:49.997 31 $1 AND THEN YOU 13:49.997 --> 13:50.898 GO TO 13:50.898 --> 13:51.765 THE 13:51.765 --> 13:52.199 WEBSITE -- 13:52.199 --> 13:53.233 >> THIS WAS A REPUBLICAN BILL. 13:53.233 --> 13:54.434 THERE IS NO FREE LUNCH. 13:54.434 --> 13:55.802 PEOPLE NEED TO UNDERSTAND THAT. 13:55.802 --> 13:56.737 IF YOU 13:56.737 --> 13:58.238 DO NEED ASSISTANCE IN 13:58.238 --> 13:59.339 BUYING A PRIVATE PLAN, YOU'LL 13:59.339 --> 14:00.407 GET A SUBSIDY OR 14:00.407 --> 14:01.241 THERE ARE A LOT 14:01.241 --> 14:02.442 OF PEOPLE OUT 14:02.442 --> 14:03.143 THERE IN ILLINOIS 14:03.143 --> 14:04.611 THAT NEED TO KNOW THAT 14:04.611 --> 14:05.245 THEY WILL 14:05.245 --> 14:09.616 BE ELIGIBLE FOR THE 14:09.616 --> 14:10.350 EXPANDED 14:10.350 --> 14:11.852 MEDICAID PROGRAM AND PEOPLE WILL 14:11.852 --> 14:13.420 GET COVERAGE THAT WAY SO YOU'LL 14:13.420 --> 14:14.888 HAVE A LOT OF PEOPLE SIGNING UP. 14:14.888 --> 14:16.323 I HAVE LISTENED TO A LOT 14:16.323 --> 14:17.457 OF WALL 14:17.457 --> 14:18.659 STREET HEALTH INSURANCE EARNINGS 14:18.659 --> 14:20.494 CALLS AND I THINK THE 14:20.494 --> 14:22.162 INSURANCE 14:22.162 --> 14:22.629 COMPANIES ARE 14:22.629 --> 14:24.565 BRACING FOR SOME 14:24.565 --> 14:25.632 PROBLEMS AS FAR 14:25.632 --> 14:26.967 AS LOSING OR NOT 14:26.967 --> 14:28.268 MAKING AS MUCH MONEY IN THE 14:28.268 --> 14:29.670 FIRST YEAR BECAUSE THEY HAVE 14:29.670 --> 14:30.637 INVEST A LOT, 14:30.637 --> 14:31.705 SPENDING 80% OF 14:31.705 --> 14:33.240 THE PREMIUM ON 14:33.240 --> 14:34.975 MEDICAL CARE AS 14:34.975 --> 14:39.046 OPPOSED TO 20%. 14:39.046 --> 14:39.947 >> YOU THINK THAT 14:39.947 --> 14:41.081 THIS 14:41.081 --> 14:43.483 COULD 14:43.483 --> 14:44.952 UNRAVEL AS ANTHONY LeSASSO 14:44.952 --> 14:45.586 THINKS? 14:45.586 --> 14:46.753 NO, BECAUSE WE 14:46.753 --> 14:47.554 CREATE 14:47.554 --> 14:48.589 ENTITLEMENTS BECAUSE WE NEVER 14:48.589 --> 14:49.656 DRAW BACK 14:49.656 --> 14:51.959 FROM THEM. 14:51.959 --> 14:52.359 THERE'S TOO 14:52.359 --> 14:53.160 MUCH -- 14:53.160 --> 14:54.328 ASIDE FROM 14:54.328 --> 14:55.495 THIS MAJOR HUGE PROBLEM O 14:55.495 --> 14:56.463 N THE 14:56.463 --> 14:58.665 ROLLOUT AND SIGN-UPS, THIS 14:58.665 --> 14:59.867 TOUCHES SO MANY ASPECTS 14:59.867 --> 15:00.601 OF THE 15:00.601 --> 15:01.602 HEALTH INSURANCE INDUSTRY. 15:01.602 --> 15:02.636 WE'RE 15:02.636 --> 15:03.670 TALKING -- EXCUSE ME, 15:03.670 --> 15:04.004 OF 15:04.004 --> 15:05.305 THE HEALTHCARE INDUSTRY WHICH 15:05.305 --> 15:05.572 IS 15:05.572 --> 15:08.509 A 15:08.509 --> 15:08.775 POWERFUL 15:08.775 --> 15:09.309 SOURCE. 15:09.309 --> 15:10.377 WE'RE TALKING 15:10.377 --> 15:11.445 SENIORS GETTING 15:11.445 --> 15:12.379 ALL 15:12.379 --> 15:16.717 SORTS 15:16.717 --> 15:17.017 OF FREE 15:17.017 --> 15:17.718 COOL HON 15:17.718 --> 15:20.487 OSSKOPIES. 15:20.487 --> 15:22.723 WILL BILL NOT E RUN AGAINST 15:22.723 --> 15:23.090 THAT? 15:23.090 --> 15:24.591 >> THERE ARE THREE OTHER 15:24.591 --> 15:25.559 DEMOCRATS DEFECTED 15:25.559 --> 15:28.195 FROM THE 15:28.195 --> 15:29.296 DEMOCRATIC PARTY TO JOIN 15:29.296 --> 15:29.796 THE 15:29.796 --> 15:31.298 REPUBLICANS TO SAY YOU SHOULD 15:31.298 --> 15:32.366 KEEP YOUR HEALTH INSURANCE 15:32.366 --> 15:33.233 ANOTHER YEAR. 15:33.233 --> 15:34.468 IS THAT A 15:34.468 --> 15:35.802 CONSEQUENCE IN THE 15:35.802 --> 15:36.570 MID-TERM ELECTIONS? 15:36.570 --> 15:38.639 >> THAT'S ALL IT 15:38.639 --> 15:39.006 IS. 15:39.006 --> 15:40.507 THAT'S AGAIN WE HAVE TO KIND OF 15:40.507 --> 15:41.475 GET RID OF 15:41.475 --> 15:42.409 ALL THAT POLITICAL 15:42.409 --> 15:44.611 STUFF IN 15:44.611 --> 15:44.978 THE 15:44.978 --> 15:47.781 MIDDLE AND WORK 15:47.781 --> 15:48.215 ON 15:48.215 --> 15:48.882 FIXING THIS. 15:48.882 --> 15:50.050 >> DO YOU BELIEVE IN THE 15:50.050 --> 15:51.552 AFFORDABLE CARE ACT? 15:51.552 --> 15:52.853 >> I THINK GOOD HEALTHCARE FOR 15:52.853 --> 15:54.521 ALL 15:54.521 --> 15:55.689 IS SOMETHING THAT 15:55.689 --> 15:56.423 IS A 15:56.423 --> 15:57.057 WONDERFUL THING. 15:57.057 --> 15:58.225 I'M VERY HAPPY TO SEE M 15:58.225 --> 16:01.195 Y 16:01.195 --> 16:01.662 FRIENDS 16:01.662 --> 16:02.829 WHO COULDN'T GET COVERAGE 16:02.829 --> 16:03.797 ANYWHERE BENEFIT. 16:03.797 --> 16:05.365 >> YOU'RE 16:05.365 --> 16:06.833 A 16:06.833 --> 16:07.201 BELIEVER? 16:07.201 --> 16:08.802 BUT ON THE FIRST 16:08.802 --> 16:09.503 OF 16:09.503 --> 16:10.003 JANUARY, I 16:10.003 --> 16:11.338 CAN'T SEE ANY REASON TO 16:11.338 --> 16:12.539 GIVE 16:12.539 --> 16:13.507 BLUE 16:13.507 --> 16:14.408 CROSS $647 FOR THE SAME 16:14.408 --> 16:15.909 COVERAGE I WAS GETTING 16:15.909 --> 16:16.443 FOR 29 16:16.443 --> 16:19.112 $1. 16:19.112 --> 16:19.947 29 16:19.947 --> 16:20.414 $1. 16:20.414 --> 16:21.882 IT'S NOT THAT THEY'RE DROPPING 16:21.882 --> 16:23.116 ME BUT SAYING, YOU KNOW, 16:23.116 --> 16:24.084 IF YOU 16:24.084 --> 16:25.619 DON'T PICK 16:25.619 --> 16:25.986 ANOTHER 16:25.986 --> 16:26.520 OPTION, 16:26.520 --> 16:28.722 THEY'LL PICK IT FOR YOU AND IT 16:28.722 --> 16:29.923 WILL COST YOU A LOT OF 16:29.923 --> 16:30.557 MONEY. 16:30.557 --> 16:31.425 IT'S NOT THAT AFFORDABLE CARE 16:31.425 --> 16:32.426 ACT, IT'S THE 16:32.426 --> 16:33.493 AVAILABLE CARE 16:33.493 --> 16:33.827 ACT. 16:33.827 --> 16:34.828 >> THIS CONVERSATION, I THINK, 16:34.828 --> 16:35.896 WE'RE GOING TO BE 16:35.896 --> 16:36.897 HAVING FOR 16:36.897 --> 16:37.431 A 16:37.431 --> 16:38.565 LONG TIME GOING FORWARD AND WE 16:38.565 --> 16:39.900 LOOK FORWARD TO SEEING ALL THREE 16:39.900 --> 16:41.735 OF YOU BACK. 16:41.735 --> 16:41.902 NEW TO M 16:41.902 --> 16:43.971 Y GUESTS. 16:43.971 --> 16:45.739 >> THANK YOU. 16:45.739 --> 16:46.106 >> WE CONTINUE 16:46.106 --> 16:46.807 IN 16:46.807 --> 16:47.741 A MOMENT, 16:47.741 --> 16:51.741 PLEASE STAY WITH US.