. >> all of ceo's, etna, et cetera, the ceo, i don't know him. 11 out of 15 exchanges and has to saycomplementary things about the exchanges so that shows you, somebody is scared of the froth. when you're losing two hundred million and a quarter, yeah, but the exchanges are okay, wholly molly, the pressure on the biggies, even, you can imagine what the small underguy is -- guy is under going. $200,000. >> yeah. >> and so it's hitting them hard. that was it. >> draining ditch. >> the free market piece is the hardest thing to teach. you have to trust the price system. that's what our country is built on that we allow prices to dictate. like if you go to wal-mart, how do they know to put ten loafs of bread? every time they scan one, that's what was purchased and that information goes shooting off of the plyer and they say make ten more loafs of bread and diapers and whatever. that's amazing, no central planner knows that. >> the day you start picking winners and losers like smart guys here, it's not a little error, it's catastrophic and that's the main reason why i wanted to run for off

etna and united health care have pulled out of the exchanges.nd more scant and deteriorating. the prices are skyrocketing. this will only cause more insurance companies to leave the market and leave the people who are covered who are mostly sick in real trouble. >> democrats are having issues as well internally. we know democratic leaders asked a couple of their senators, don't take jobs in the trump administration if you're offered. explain for us, shelby, why they don't want their own people inside trump's cabinet and having influence in some way. >> well, right now the democrats already have a minority. they have a 48-person minority. so you would think losing one seat wouldn't be the worst thing in the world, now we have representatives in the white house. we can have our voice heard in the trump administration however that's a huge blow to democratic leadership in the senate if either of these people take jobs with the trump administration. i just spoke to someone who worked for harry reid and his leadership when he was a senate leader. he

that's a big question because we have seen united, etna and humana leave exchanges.the companies on board for that period? well, they might give -- they might allow policies with fewer mandated benefits. right now obamacare, you get all kinds of coverages, maybe they just allow catastrophic coverage for people who want it. or they might go for bigger financial penalties, right now 2016 the penalty for not having insurance 2.5% of income, maybe they boost that or maybe they just offer bigger subsidies for obamacare, that goes right into the pockets of the insurers. the idea here is everybody come out a winner at some level so all players in the game are made happy. you might ask me what about the states because the states have a stake in this as well, well, this would allow -- as we talked about before, states to opt out and take the block grant instead. so they would be able to run their own program, masters of their own fate. the real problem with this plan and i'm sure there are many that i'm thinking about right now is the cliff that would come at mid-terms if the

of us are reading now in the press is making sure whether it's something like care first or humana etna and all -- aetna ca really focus on if we're going to have an exchange, somehow the exchange successful. if you're going to have medicaid managed care, are you changing the program in a way where you can participate successfully? and to have a marketplace, whether it be medicaid and medicare or the insurance -- the individual insurance market work means that health care providers can also get paid so it's -- and if health care providers are getting paid you'll have networks and individual, beneficiaries can participate as well. so if you're looking at changing medicaid and obamacare which i think most people see as the exchange, if you're looking at making fairly significant changes to those programs, really involving industry, whether, again, insurers or providers and how the changes will impact those players will be critical in success going forward and also listening to your staff because in large part a lot of the things that happened, if you don't listen, for example, too the act

are reading now in the press, is making sure that whether it is companies like care first or humana, etnaway you could participate successfully. and to have a market place, whether it be medicaid or medicare or the insurance -- individual insurance market work, it means that health care providers could also get paid. so it is -- if health care providers are getting paid you have networks and individuals and beneficiaries are able to participate in those programs as well. so at the very least, if you are looking at changing medicaid and obama care, which i think most people see as the -- the exchange, if you are looking at making fairly significant changes to those programs, really involving industry, whether guenin surers or providers and how the changes will impact those --

are reading now in the press, is making sure that whether it is companies like care first or humana, etnan a way you could participate successfully. and to have a market place, whether it be medicaid or medicare or the insurance -- individual insurance market work, it means that health care providers could also get paid. so it is -- if health care providers are getting paid you have networks and individuals and beneficiaries are able to participate in those programs as well. so at the very least, if you are looking at changing medicaid and obama care, which i think most people see as the -- the exchange, if you are looking at making fairly significant changes to those programs, really involving industry, whether guenin surers or providers and how the changes will impact those -- ... >> i do think you can learn from failure. i think the next president wants to aspire to be somebody, they probably want to be washington or lincoln, but you cannot re-create the country. what do you do next? you can aspire not to be james buchanan. >> sunday night, robert strauss talks about james buchanan's p