It's your inference that what he's saying is a pretense. It's your assertion that pure risk-based pricing is inherent in his model. It's your assertion that it would raise prices. You are the one making judgments as to his intent. It's your assertion that fairness equals profit to insurers. You assert that Obama doesn't understand 3rd grade math. You don't understand how he could have gone to Harvard.
Something is wrong, alright. Based on all of your assertions, misunderstandings, and conclusions, you expect others to explain Obama's healthcare plan to you.
They all say it can't work. The mandate is an essential part of getting the price down. And as I pointed out, risk based pricing does lower rices for 80% of the customers, so eliminating it could easily double or triple prices for the healthy if there isn't also a mandate.