JD Vance talked about reinsurance during the VP debate. How does it work?

WASHINGTON — During the vice presidential debate Tuesday, Republican nominee JD Vance at long last provided a bit more clarity to the Trump campaign’s vague notions for making health insurance more affordable. 

And, ironically, he referenced a plan that has been successfully executed by his Democratic opponent, Gov. Tim Walz, in Minnesota.

Asked to flesh out former President Trump’s “concept of a plan” for improving on the Affordable Care Act, Vance in prior campaign stops had said Trump wants to deregulate the Affordable Care Act and sort people into risk pools to provide different insurance depending on how sick people are. On Tuesday, Vance clarified that he was referring to “reinsurance regulation” that the Trump administration implemented. 

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