dr. kenneth davis. he is the president and ceo of the mount sinai health system. what is the truth? we have seen news about rising premiums, higher deductibles, is obama care working or not? >> reality is what you showed. the premiums are going up, deductibles are higher, and that is a problem. pool. it is not enough healthy people have signed up, and that is because the penalties were not enough. they rise enough, perhaps, that more healthy young people, those ages 25 to 35 will join. they diminish the cost of insurance by distributing it over a larger population. roughly the estimate is 35% to 45% of the risk pool, it gets -- the whole insurance system gets in trouble. >> what percentage is signing up right now. >> right now it is about 26%. >> united health is talking of obama care. we also heard about mega mergers. what does that consolidation mean? what is the drop out potentially of others, what does it mean for prices next year? >> less kpecompetition, and that is the ftc really has to look at that market by market. >> we know that as a result of obama care, you're now lookin

dr. kenneth davis. he is the president and ceo of the mount sinai health system. what is the truth? we have seen news about rising premiums, higher deductibles, is obama care working or not? the premiums are going up, deductibles are higher, and that is a problem. insurers are leaving the risk pool. it is not enough healthy people have signed up, and that is because the penalties were not enough. they rise enough, perhaps, that more healthy young people, those ages 25 to 35 will join. they diminish the cost of insurance by distributing it over a larger population. roughly the estimate is 35% to 45% of the risk pool, it gets -- the whole insurance system gets in trouble. >> what percentage is signing up right now. >> right now it is about 26%. >> united health is talking about potentially dropping out of obama care. we also heard about mega mergers. what does that consolidation mean? of others, what does it mean for prices next year? >> less kpecompetition, and that is a problem. the ftc really has to look at that market by market. >> we know that as a result of obama care, you're no

dr. kenneth davis, the president and ceo of the mt. sinai health system. he runs a seven-hospital network in new york city and dr. davis, always good to see you. >> good to be back. >> what's the truth? we have venus about rising premiums. higher deductibles. is obamacare working or not? >> reality is what you showed. the premiums are going up, deductibles are higher. and that's a problem. reinsurers are leaving the risk pool. what it's all about is not enough healthy people have signed up. the reason not enough healthy people signed up is penalties are rather minimal. the this year they rise enough perhaps that more healthy young people, those people ages 25 to 35 will join. you know, they diminish the cost of insurance by distributing it over a larger population and if we don't have roughly the estimate is 35% to 40% of the risk pool being that age, 25 to 35, it gets -- the whole insurance system becomes in trouble. >> what percentage of that population is signing up right now. >> right now it's about 26%. >> bertha's piece mentioned unitedhealth is talki