Bill Clinton: “I'll tell you who will have to pay more. You know, there will be some people who will have to pay more. The news…”

“I'll tell you who will have to pay more. You know, there will be some people who will have to pay more. The news magazines this week did a pretty good job of analyzing this. If we go to community rating, so that we can allow people, for example, who have had a sick child not to be bankrupt by their insurance costs and to move from job to job, and you put everybody in a broad community, it means young, single, super healthy people will pay more in the first year of this than they would have otherwise. Now, here's why I think that's a good deal for young, single, super healthy people. Number one, all young, single, super healthy people will get insured, and they aren't now. Number two, they'll all be middle-aged someday, too, and they'll win big. Number three, their cost will go up less every year. So even though they might pay more this year, within 5 to 8 years, if this plan goes through, everybody will be paying less than they would have. So, they would pay more. Secondly, there are some businesses who don't insure at all. They'll have to pay something. There are others who insure but only for catastrophic. They will have to pay more, but they'll get much better benefits, and their rates will go up less. So, there will be some people who will pay more now than they were paying. But I believe that if we can--keep in mind, if we can stop the cost of health care from going up at 2 and 3 times the rate of inflation, if we can get it down where the rate of increase is much lower, by the end of the decade everybody will be way better off than they were. Russia”