so you are because you are a republican. yes. a small business owner and a free marketer, a free marketeer. tell mr. binion if you could because he has a theoretical idea about what would happen if you undid obamacare and you re living it in the real world running a health care company. yeah. in your view if you repealed obamacare in total what would happen? if you repealed obamacare in total, essentially what will happen, remember the auto bailouts, remember all of those kinds of things? yeah. if you take it just completely off the table, then we re going to end up having to bail out hospitals, emergency rooms, because that s where people are going to end up. right. and so that s a part of the discussion. the debate within republican circles is you have the folks who are essentially saying you haven t gone far enough with this bill. right. then you also have some conversation around, well, you know, we need to work together
the cbo assumes some would leave medicaid, but medicaid is free. what? they re required to be on it under obamacare. and the cbo assumes some of them would leave despite not leave, no, no. lose i m sorry. they would not leave. this is not people voluntarily saying, you know, i choose to go uninsured. it s people losing their health insurance, essentially not having health insurance anymore. i want to get into under the senate bill nobody under the senate bill 22 million people would lose their health insurance. the bulk would be because of cuts to medicaid. i want to go specifically into it because i want to make sure people really understand it because there are two different buckets of insured. there are about 10 million people who buy in the non-group market. that s who you and the republicans are legislating for, just them. the 10 million people who buy insurance under obamacare. so if we talk about those people, the new bill that they are the republicans ar
insurance, there are millions oof people who will have health insurance but will have even higher deductibles than today. you know, obamacare s not perfect. everybody admits that. it needs improvement in a lot of areas. but relative to what we have today, pass the senate bill, pass the house bill, you will have substantially more americans, in the millions, who will be struggling relative to today. mr. binion. it s faulty logic to say every dollar the federal government spends on health insurance is the only dollar that could help people. we know from 200 years of american history that the free market and free enterprise delivers the best products. why would we take that out of the health care market? you re giving us theoreticals when we re telling you if you take the absolute dollars that you spend to cover people with medicaid, to give people insurance cards and you reduce that by a trillion, that if you i mean, in absolute dollars that means fewer people can be helped by th
require people to pay higher premiums this is the non-group people, to buy a private plan that s similar to what s already under obamacare. so they d have to pay higher premiums to get what they get under obamacare now. and then it would reduce spending on the subsidies and distribute them in a way that encourages people to instead purchase a high deductible plan with lower premiums. people with lower premiums are just stuck with a high deductible plan. you think that s better? no, not in that specific case. that is for the non-group market. that s what would happen. well, the cbo said late this week that this bill would actually drive the cost of premiums down by about 30%. for people who are getting right, they would drive the cost of premiums down for people who were then pushed into high deductible plans. you pay a lower premium, but when it comes time to use your insurance, you re paying a much higher deductible. that s exactly what the cbo said. what those people wi
expansion, everyone who was added to medicaid because of the expansion comes off medicaid because the expansion isn t there. the theoreticals about the free market don t give people health care. i want to come to it doesn t give people health care for you to talk about the free market. talk about the free market makes you feel good. it doesn t give people a medical card. the government won t solve all of our problems. then why weren t those people insured why weren t those people insured under the free market before obamacare? more people will be insured if health insurance why weren t those people insured under the free market system we had before obamacare? many of them could have been and chose not to. they weren t insured until the government forced them to be. then were did they sign up? you re saying people wouldn t have wanted the medicaid they wouldn t have taken med sxaid had an insurance card to go to the doctor if they it ends the expansion. no, it do