In order to insure the uninsured, we first have to uninsure the insured.
Next, we require the newly uninsured to be re-insured.
To re-insure the newly uninsured, they are required to pay extra charges to be re-insured.
The extra charges are required so that the original insured, who became uninsured, and then became re-insured, can pay enough extra so that the original uninsured can be insured, which will be free of charge to them.
It doesn't go into just how awful the law truly is, but there's the bare bones of it.