How Can the Health Insurance Marketplace Affect our Healthcare System?

Read Transcript

And I think if you make it really approach that post of quality, you will get lots of millions, 10's of millions of people participating and it will be a very good thing for the system. For one thing the exchanges will be stable from a risk stand point and for another thing they will be a very effective mechanism for driving prices and costs down because most of the people who shop will be shopping on course that will force the insurance companies and the other participants to really think through, how do we keep the prices down? How do we redesign what we are offering to make sure that we can control healthcare cost.