On the recordNovember 14, 2013
Madam President, I think the President did the right thing today. The whole idea of health insurance reform was to get people into health insurance that do not have health insurance. The idea was not for those who had insurance, unless they wanted to improve that insurance or they did not have the insurance they needed. The idea, certainly, was not that if they had insurance they were satisfied with, that they were not going to be able to keep that. That is what the President had said. That is what the President reaffirmed today. I think the President did the right thing. Insurance is a very complicated subject. In all that we are hearing about in the setting up of those different health insurance exchanges in each of the States, you are creating a new pool of people, both young and old, both sick and healthy, and you spread that health risk over a larger number of people. If it is a typical population of young and old, not just all old, and not just all sick, the more you can spread that health risk over an average population, the more you can bring down the cost of that health insurance. That is basically the principle of health insurance. So, unless we can get the young and healthy people who need health insurance--by the way, they may think they are invincible, but they may also have an accident.…





