Supposedly Paul Ryan is the Republican Party's "policy wonk".
He is the one they turn to for details and the media fawns over as "intelligent".
The fact that he said this yesterday shows he doesn't have a grip on on even the basics of how insurance works.
Or, he really does know how insurance works and was preying on the ignorance of those who don't understand how insurance pools operate.
Either way it's a very troubling thing to say.
Paul Ryan: The conceit of Obamacare, he said at his press conference on Trumpcare, is that young and healthy people are going to go into the market and pay for the older, sicker people. Thats why Obamacare is in a death spiral, he noted.
The insurance corporations support this Republican bill. One of the many reasons is that the ACA requires at least 80% of our premiums we pay into the insurance pools goes towards actual health care. If that does not happen we receive a reimbursement check.
This goes away with GOPcare.
Interesting that the AMA, AARP, Hospital groups, Doctors, care givers, consumer groups, etc are unanimously opposed to this and on the support side are insurance corporations and the wealthy who will receive a heafty tax cut. Especially those making over $700K per year.
This bill will cause death and bankruptcy.