1 00:00:01,560 --> 00:00:03,920 Speaker 1: When you're ready to ride Metro, we want you to 2 00:00:03,960 --> 00:00:06,560 Speaker 1: know we're ready for you. Here are just a few 3 00:00:06,559 --> 00:00:08,399 Speaker 1: of the people at Metro to tell you how we're 4 00:00:08,440 --> 00:00:11,320 Speaker 1: doing our part to keep riders safe. We're cleaning like 5 00:00:11,400 --> 00:00:14,760 Speaker 1: never before. Half to the Great Queen. You have found 6 00:00:14,800 --> 00:00:19,439 Speaker 1: halfs out of suns of sais no mask, No Metro 7 00:00:19,800 --> 00:00:22,720 Speaker 1: need one. We have a few extras at Metro. We're 8 00:00:22,760 --> 00:00:25,520 Speaker 1: doing our part to keep the DC area moving. Find 9 00:00:25,560 --> 00:00:28,200 Speaker 1: out more at well mata dot com slash doing our part. 10 00:00:30,280 --> 00:00:34,040 Speaker 1: So listen. Over the weekend we became aware of via 11 00:00:34,120 --> 00:00:36,320 Speaker 1: the Twitter and then the personal text and that sort 12 00:00:36,360 --> 00:00:39,720 Speaker 1: of thing that are good Betty Buddy, Craig Gottwall's Craig, 13 00:00:39,760 --> 00:00:45,440 Speaker 1: the healthcare guru, was all excited, agitated about this announced 14 00:00:45,479 --> 00:00:49,080 Speaker 1: policy by the Trump administration policy idea, and so we 15 00:00:49,200 --> 00:00:52,080 Speaker 1: dragged him in to talk about it. Craig, how are you, sir? Well, 16 00:00:52,080 --> 00:00:54,840 Speaker 1: how are you, gentlemen? Good? Let's not bury the excitement. 17 00:00:54,920 --> 00:00:56,520 Speaker 1: I mean, you were you were, You were saying, this 18 00:00:56,560 --> 00:00:59,520 Speaker 1: is one of the biggest deals in decades. This is 19 00:00:59,520 --> 00:01:02,920 Speaker 1: a game changer, this is huge. Do you still think 20 00:01:03,000 --> 00:01:06,000 Speaker 1: that having reviewed it over the weekend? Okay, this is 21 00:01:06,000 --> 00:01:09,240 Speaker 1: a big deal. Yeah, this is this is this has 22 00:01:09,280 --> 00:01:11,720 Speaker 1: the potential to be the most important thing I've ever 23 00:01:11,760 --> 00:01:15,760 Speaker 1: spoken to you guys about. What we talked about Obamacare 24 00:01:15,840 --> 00:01:18,759 Speaker 1: for years. It's the sixth of the economy. Blah blah blah. 25 00:01:18,800 --> 00:01:22,560 Speaker 1: This can do more than Obamacare than all of the 26 00:01:22,600 --> 00:01:26,120 Speaker 1: forty pages of Obamacare ever did. Really just start to 27 00:01:26,160 --> 00:01:29,760 Speaker 1: bring healthcare prices down and put consumerism back into this 28 00:01:29,800 --> 00:01:33,280 Speaker 1: world that's really broken. So what the health See what 29 00:01:33,280 --> 00:01:36,920 Speaker 1: I did? There is going on? Um, I think it's 30 00:01:36,920 --> 00:01:43,320 Speaker 1: better from here. It probably won't. So Look, healthcare has 31 00:01:43,319 --> 00:01:44,959 Speaker 1: got a lot of problems, as we've talked about for 32 00:01:45,480 --> 00:01:48,240 Speaker 1: six eight year or something like that. Um, But if 33 00:01:48,240 --> 00:01:49,600 Speaker 1: you were to tell me, Craig, what are the two 34 00:01:49,600 --> 00:01:51,960 Speaker 1: biggest problems in healthcare? I can boil it down to 35 00:01:52,040 --> 00:01:57,200 Speaker 1: two primary problems. One, we don't know what it costs 36 00:01:57,280 --> 00:02:00,880 Speaker 1: when we the patient's consumers, employees go to them. We 37 00:02:00,920 --> 00:02:03,680 Speaker 1: simply don't know, not a clue. That's the biggest person 38 00:02:03,680 --> 00:02:06,760 Speaker 1: almost impossible to figure out. Well, the second biggest problem, 39 00:02:06,840 --> 00:02:08,680 Speaker 1: then you'd say, is well, wait a minute, how can 40 00:02:08,720 --> 00:02:10,959 Speaker 1: that be? How can you have a market or even 41 00:02:10,960 --> 00:02:13,480 Speaker 1: a foe market as we might call healthcare where you 42 00:02:13,520 --> 00:02:15,840 Speaker 1: don't know the price of what you're buying. Well, the 43 00:02:15,880 --> 00:02:19,600 Speaker 1: second biggest problem is they've crafted and I say they 44 00:02:19,960 --> 00:02:23,840 Speaker 1: the federal government, the Oligopoli and cartel, that is the 45 00:02:23,880 --> 00:02:27,400 Speaker 1: only the four national providers of health care, insurance, the 46 00:02:27,560 --> 00:02:32,280 Speaker 1: huge insurance, um hospital chains. They put together a system 47 00:02:32,320 --> 00:02:36,360 Speaker 1: over the last seventy years so that we don't care 48 00:02:37,720 --> 00:02:40,920 Speaker 1: because what we have, by and large, hat is we 49 00:02:41,000 --> 00:02:42,280 Speaker 1: go and we show up and we pay ten or 50 00:02:42,280 --> 00:02:44,560 Speaker 1: twenty bucks and we get our services or our drugs. 51 00:02:44,560 --> 00:02:46,600 Speaker 1: So we we really kind of have been shielded from 52 00:02:46,639 --> 00:02:49,440 Speaker 1: all these costs and we simply don't care. So that's 53 00:02:49,440 --> 00:02:51,600 Speaker 1: how you can have a system where we don't know 54 00:02:51,680 --> 00:02:54,400 Speaker 1: the prices and be we don't care what those prices are. Now, 55 00:02:54,440 --> 00:02:56,400 Speaker 1: the second problem, the fact that we don't care on 56 00:02:56,440 --> 00:03:01,400 Speaker 1: the prices, that's being fixed organically. Thank you Obamacare. Never 57 00:03:01,440 --> 00:03:04,520 Speaker 1: say that. I don't say anything nice about Obamacare, because 58 00:03:04,520 --> 00:03:06,640 Speaker 1: what's happened over the last ten years, as Jack points 59 00:03:06,639 --> 00:03:11,200 Speaker 1: out regularly when we do these segments, is deductibles, coinsurance 60 00:03:11,240 --> 00:03:13,959 Speaker 1: and co pays have gone through the roof, So where 61 00:03:14,000 --> 00:03:16,000 Speaker 1: and you used to pay maybe twenty dollars for your 62 00:03:16,040 --> 00:03:19,400 Speaker 1: child's doctor visit. Now you might pay thirty percent of 63 00:03:19,440 --> 00:03:22,240 Speaker 1: the cost of that visit, so you'd say to yourself, 64 00:03:22,520 --> 00:03:26,880 Speaker 1: well percent of what. Well, therein lies the problem, right, 65 00:03:26,880 --> 00:03:29,560 Speaker 1: because we still have the garganto and elephant in the room. 66 00:03:29,600 --> 00:03:32,520 Speaker 1: And that's problem number one. We don't know what the 67 00:03:32,560 --> 00:03:37,880 Speaker 1: price is over the weekend. Actually it wasn't over the weekend. 68 00:03:37,880 --> 00:03:41,000 Speaker 1: It was three weeks ago. The Trump administration, through the 69 00:03:41,160 --> 00:03:45,160 Speaker 1: h HS Health and Human Services and Secretary Salazar, issued 70 00:03:45,160 --> 00:03:49,280 Speaker 1: a regulation on this topic. Now, a little backstory is 71 00:03:49,320 --> 00:03:53,240 Speaker 1: necessary for this regulation. It's based on a statute that 72 00:03:53,360 --> 00:03:59,360 Speaker 1: was passed in under a different administration overwhelmingly by both 73 00:03:59,400 --> 00:04:02,640 Speaker 1: parties and act. That statute was authored by a Democrat 74 00:04:02,720 --> 00:04:08,000 Speaker 1: from Oregon, and that statute was called the Century Cures Act. 75 00:04:08,800 --> 00:04:16,240 Speaker 1: That act dealt with very non controversial issues surrounding healthcare privacy, 76 00:04:16,279 --> 00:04:19,479 Speaker 1: information technology as it relates to healthcare, how you transfer 77 00:04:19,600 --> 00:04:22,279 Speaker 1: data around, what you're allowed to keep private, and what 78 00:04:22,400 --> 00:04:26,440 Speaker 1: you must have disclosed to you got okay, very non 79 00:04:26,440 --> 00:04:30,560 Speaker 1: controversial act. Only a handful of congress people voted against it. Well, 80 00:04:30,680 --> 00:04:34,560 Speaker 1: three years later, under a different administration and a different president, 81 00:04:34,800 --> 00:04:39,160 Speaker 1: different HHS secretary, the regulations are starting to come out 82 00:04:39,320 --> 00:04:43,160 Speaker 1: on that act. Seven hundred pages of them were released 83 00:04:43,200 --> 00:04:46,800 Speaker 1: a couple of weeks ago. Buried in the middle of 84 00:04:46,839 --> 00:04:49,719 Speaker 1: those seven hundred pages is a page and a half 85 00:04:49,800 --> 00:04:55,240 Speaker 1: of text that, in short, says, HHS believes that under 86 00:04:55,279 --> 00:04:58,479 Speaker 1: this act passed three years ago, we have the authority 87 00:04:58,560 --> 00:05:01,320 Speaker 1: and we are considering making get a rule. We're asking 88 00:05:01,320 --> 00:05:04,599 Speaker 1: for public comment on this that you, the patient and 89 00:05:04,640 --> 00:05:08,279 Speaker 1: the general public have the right to know the actual 90 00:05:08,440 --> 00:05:12,000 Speaker 1: price of your health care service in a public forum 91 00:05:12,040 --> 00:05:15,440 Speaker 1: before you go in for treatment. So this is the 92 00:05:15,760 --> 00:05:18,920 Speaker 1: occasionally see this sort of article or study that on 93 00:05:19,240 --> 00:05:21,839 Speaker 1: m R I will cost you eight hundred dollars in 94 00:05:21,880 --> 00:05:25,440 Speaker 1: town X, hundred in town Y, and three fifty in 95 00:05:25,480 --> 00:05:28,600 Speaker 1: town Z. I know that's true because I when I 96 00:05:28,640 --> 00:05:30,920 Speaker 1: had to get a something or other when I had 97 00:05:30,920 --> 00:05:33,719 Speaker 1: cancer and the insurance was slow to jump on it. 98 00:05:33,760 --> 00:05:35,320 Speaker 1: I had to get it done, so I shopped around 99 00:05:35,320 --> 00:05:38,120 Speaker 1: to different towns and the price difference was incredible, and 100 00:05:38,200 --> 00:05:40,120 Speaker 1: I didn't have any idea what it cost before. I'd 101 00:05:40,160 --> 00:05:41,920 Speaker 1: had these things done before, and I had no idea 102 00:05:41,960 --> 00:05:44,520 Speaker 1: what they call. So why why aren't the insurance companies 103 00:05:44,520 --> 00:05:46,720 Speaker 1: that are theoretically getting stuck with these bills, Craig, Why 104 00:05:46,720 --> 00:05:49,200 Speaker 1: aren't they hot to trot and pro all of this 105 00:05:49,480 --> 00:05:53,960 Speaker 1: or are they? Well, the Trump administration has already authored 106 00:05:54,000 --> 00:05:58,839 Speaker 1: regulation that has required hospitals to publicly post the retail 107 00:05:58,920 --> 00:06:02,680 Speaker 1: price of the services provide. But that's a joke, that's 108 00:06:02,760 --> 00:06:07,120 Speaker 1: completely fictitious. Nobody pays the retail pricing on healthcare services 109 00:06:07,120 --> 00:06:09,000 Speaker 1: because they might say an m R I will cost 110 00:06:09,080 --> 00:06:13,680 Speaker 1: you dollars, but in fact, the insurance company probably only 111 00:06:13,720 --> 00:06:17,280 Speaker 1: pays five or six thousand, and Medicare and Medicaid might 112 00:06:17,279 --> 00:06:21,040 Speaker 1: only pay one thousand for that exact same service. So 113 00:06:21,960 --> 00:06:24,640 Speaker 1: what's been out there recently are these kind of phony 114 00:06:24,720 --> 00:06:27,520 Speaker 1: prices that are really hard to find, convoluted, they don't 115 00:06:27,520 --> 00:06:32,040 Speaker 1: make any sense. This regulation specifically says, no, no, no, no. 116 00:06:32,640 --> 00:06:35,000 Speaker 1: We think the consumer has the right to know the 117 00:06:35,200 --> 00:06:39,680 Speaker 1: privately negotiated price between his or her insurance company and 118 00:06:39,760 --> 00:06:44,080 Speaker 1: that hospital. The secret this is what they've called proprietary 119 00:06:44,200 --> 00:06:47,279 Speaker 1: and secret for forty plus years in the industry, which 120 00:06:47,279 --> 00:06:49,880 Speaker 1: should not be secret from the from US obviously shouldn't 121 00:06:49,920 --> 00:06:53,200 Speaker 1: be secret. Can price be proprietor it's it's incredible, But 122 00:06:53,320 --> 00:06:55,560 Speaker 1: so if these prices that they have to release all 123 00:06:55,560 --> 00:06:57,839 Speaker 1: these prices. You think that that will lead to competition 124 00:06:57,880 --> 00:07:01,080 Speaker 1: where this hospital says, hey, RM, your eyes costs this much, 125 00:07:01,279 --> 00:07:03,760 Speaker 1: the other hospital says ours costs this much. It will 126 00:07:03,839 --> 00:07:06,320 Speaker 1: undoubtedly lead to that. Jack if we and and if 127 00:07:06,360 --> 00:07:09,640 Speaker 1: you don't have to look any farther than the around 128 00:07:09,680 --> 00:07:12,280 Speaker 1: the edges in our healthcare system, we have stuff that 129 00:07:12,320 --> 00:07:16,760 Speaker 1: does that already, lazic surgery, plastic surgery, even of all things, 130 00:07:16,800 --> 00:07:21,880 Speaker 1: the sectomies where where providers advertise on price and consumers 131 00:07:21,880 --> 00:07:24,520 Speaker 1: can actually shop around, and they're and they're often spending 132 00:07:24,560 --> 00:07:29,520 Speaker 1: a lot of their own money to tijuanactomy hut really cheap. Yeah, 133 00:07:29,560 --> 00:07:32,080 Speaker 1: it was twenty seven dollars. It was good. Peppe is 134 00:07:32,120 --> 00:07:37,480 Speaker 1: a charming guide, per ball, right, very nice? Um, yeah, presides, 135 00:07:37,560 --> 00:07:40,560 Speaker 1: yeahs I kept the left one in case of emergency, 136 00:07:41,160 --> 00:07:43,640 Speaker 1: So okay, and we gotta take a break in a second, 137 00:07:43,680 --> 00:07:49,080 Speaker 1: but then we'll come back. But um, who's been against this? 138 00:07:49,920 --> 00:07:52,480 Speaker 1: Is that why you were talking about oligopolies of insurance 139 00:07:52,480 --> 00:07:55,800 Speaker 1: companies and giant hospital change? Are they all say, scrubbing 140 00:07:55,800 --> 00:07:58,680 Speaker 1: each other's backs? Yeah? So who has been against this 141 00:07:59,440 --> 00:08:02,440 Speaker 1: buying law? The insurance industry is against this because we 142 00:08:02,600 --> 00:08:05,960 Speaker 1: like I said, we only have four providers nationwide and insurance. 143 00:08:06,000 --> 00:08:08,600 Speaker 1: Now that's an only GoPay by definition, that leads to 144 00:08:08,640 --> 00:08:12,960 Speaker 1: cartels that inflates prices. When you have inflated prices, how 145 00:08:12,960 --> 00:08:15,960 Speaker 1: do you guard them. You enter into contracts with hospitals 146 00:08:16,000 --> 00:08:18,440 Speaker 1: claiming that the prices are proprietary and they are not 147 00:08:18,480 --> 00:08:21,600 Speaker 1: allowed to disclose them to the patients. This is what's 148 00:08:21,600 --> 00:08:24,720 Speaker 1: been going on in American healthcare. Nobody has wanted to 149 00:08:24,760 --> 00:08:27,840 Speaker 1: attack this. People have talked fuzzy and around the edges 150 00:08:27,920 --> 00:08:32,160 Speaker 1: to it, but look, this is one fifth of our economy. 151 00:08:32,440 --> 00:08:38,160 Speaker 1: It is now, this is the second or third largest 152 00:08:38,200 --> 00:08:42,280 Speaker 1: lobbyist on the planet into that next. Yeah, I wanted 153 00:08:42,280 --> 00:08:44,920 Speaker 1: to talk to politics when we come by, and uh, 154 00:08:45,280 --> 00:08:48,120 Speaker 1: both members of The short answer is members of both 155 00:08:48,160 --> 00:08:51,360 Speaker 1: political parties in America have not wanted to touch this 156 00:08:51,440 --> 00:08:55,760 Speaker 1: because it is a massive cash cow. And and don't 157 00:08:55,800 --> 00:08:59,480 Speaker 1: forget remember we talked weeks ago about the Medicare costs shift. 158 00:09:00,120 --> 00:09:04,320 Speaker 1: This inflation system of inflating those prices artificially in the 159 00:09:04,360 --> 00:09:07,600 Speaker 1: private employer's side is helping to fund medicare as a 160 00:09:07,640 --> 00:09:11,080 Speaker 1: hidden tax that legislators don't have to pass on because 161 00:09:11,080 --> 00:09:14,240 Speaker 1: governments for it too. So just for folks who don't 162 00:09:14,280 --> 00:09:16,360 Speaker 1: understand this, then we really needn't take a break. The 163 00:09:16,440 --> 00:09:20,720 Speaker 1: compensation rates for Medicare are so low, they're so unrealistically low, 164 00:09:20,840 --> 00:09:24,160 Speaker 1: it would not exist. Nobody would ever get any treatment 165 00:09:24,280 --> 00:09:28,680 Speaker 1: through Medicare except that they're able to bloat the costs 166 00:09:28,720 --> 00:09:31,719 Speaker 1: to you and your insurance company, which gives cover to 167 00:09:31,760 --> 00:09:35,320 Speaker 1: the politicians. That's right, So okay, alright, quick break, then 168 00:09:35,320 --> 00:09:36,880 Speaker 1: we're gonna come back. I want to talk about the 169 00:09:36,880 --> 00:09:38,600 Speaker 1: politics of it a little bit, maybe a little more 170 00:09:38,640 --> 00:09:42,160 Speaker 1: about the Medicare or what do you call it cost hip? Yeah, 171 00:09:42,280 --> 00:09:45,320 Speaker 1: the costs ship. So we might have competition for the 172 00:09:45,360 --> 00:09:49,080 Speaker 1: first time in my adult lifetime where we can actually 173 00:09:49,080 --> 00:09:55,680 Speaker 1: shop around. Yeah, and that's one of the things that 174 00:09:55,800 --> 00:09:58,640 Speaker 1: have advantages of having a high deductible is the actually 175 00:09:58,679 --> 00:10:00,800 Speaker 1: see what of his it cost. I was just telling Craig. 176 00:10:00,800 --> 00:10:02,080 Speaker 1: I hit the first of the year and I found 177 00:10:02,080 --> 00:10:04,360 Speaker 1: out what my physical therapy is costing me after my 178 00:10:04,440 --> 00:10:08,480 Speaker 1: super cool upgraded after market hip customization, and uh, and 179 00:10:08,600 --> 00:10:11,839 Speaker 1: I thought, wow, and great physical therapist. But I was 180 00:10:11,880 --> 00:10:15,600 Speaker 1: getting worth of value and it was costing me two bucks. 181 00:10:15,640 --> 00:10:18,080 Speaker 1: I found out because it was no longer, you know, 182 00:10:18,559 --> 00:10:21,640 Speaker 1: deductible or whatever. And I said, man, that's enough of that. 183 00:10:22,160 --> 00:10:25,000 Speaker 1: So anyway, by the way, if it was a Medicare re, 184 00:10:25,040 --> 00:10:28,520 Speaker 1: embarrassment would have been closer to sixty. We're talking healthcare. 185 00:10:28,840 --> 00:10:30,440 Speaker 1: We'll get to Craig and tell you who he is 186 00:10:30,440 --> 00:10:32,559 Speaker 1: in just a second. Reading from the Wall Street Journal 187 00:10:32,559 --> 00:10:36,680 Speaker 1: from the weekend about this, uh, this new thing that 188 00:10:36,720 --> 00:10:38,360 Speaker 1: came down that you didn't pay any attention to it, 189 00:10:38,440 --> 00:10:41,120 Speaker 1: neither denying anybody else. It's an effort by the President 190 00:10:41,160 --> 00:10:44,840 Speaker 1: to help put the Americans back in control of of 191 00:10:45,000 --> 00:10:48,400 Speaker 1: a price which we haven't been in control for. How 192 00:10:48,440 --> 00:10:50,040 Speaker 1: long is it going? We haven't even known what the 193 00:10:50,080 --> 00:10:53,240 Speaker 1: prices are. Nobody knows what anything costs. Our interest is 194 00:10:53,240 --> 00:10:55,319 Speaker 1: how we can empower the American public to shop for 195 00:10:55,360 --> 00:10:59,280 Speaker 1: their care and control it. The move is likely to 196 00:10:59,360 --> 00:11:03,640 Speaker 1: be met by fierce opposition, including possible legal challenges from hospitals, 197 00:11:03,720 --> 00:11:07,200 Speaker 1: doctors groups, and insurers. Since it could have far reaching impact, 198 00:11:07,200 --> 00:11:09,600 Speaker 1: and of course all the politicians get lobbied by all 199 00:11:09,640 --> 00:11:12,880 Speaker 1: those people. It also gets to bah bah bah oh. 200 00:11:12,960 --> 00:11:16,280 Speaker 1: So Craig Craig wrote this on on his um on 201 00:11:16,360 --> 00:11:20,560 Speaker 1: his website. Imagine this where you go onto a I'm 202 00:11:20,600 --> 00:11:25,840 Speaker 1: assuming well done. You know, website, an online comparison platform 203 00:11:25,880 --> 00:11:28,480 Speaker 1: telling you exactly what your m R I will cost 204 00:11:28,520 --> 00:11:30,920 Speaker 1: you at the fifteen nearest providers, and you just choose 205 00:11:30,960 --> 00:11:33,560 Speaker 1: that one and go there, here's the exact price fifteen 206 00:11:33,600 --> 00:11:35,440 Speaker 1: places closest to me, and then I go there. Maybe 207 00:11:35,440 --> 00:11:37,840 Speaker 1: you read the reviews and you make it intelligent to say, 208 00:11:37,960 --> 00:11:40,800 Speaker 1: like you do with every freaking thing unless you buy 209 00:11:40,840 --> 00:11:44,800 Speaker 1: in the entire world. So Craig, the healthcare guru, Craig 210 00:11:44,840 --> 00:11:46,480 Speaker 1: gottwals And will tell you how to get in touch 211 00:11:46,559 --> 00:11:49,280 Speaker 1: if you have a medium the largest company that needs 212 00:11:49,280 --> 00:11:51,600 Speaker 1: help with benefits in a bit. But so, is that 213 00:11:51,640 --> 00:11:55,400 Speaker 1: pretty much an explanation of why this would be good? Yeah, Yeah, 214 00:11:55,440 --> 00:11:57,520 Speaker 1: that's that's a very short explanation of why this would 215 00:11:57,520 --> 00:11:59,959 Speaker 1: be good. And it would it would it would absolutely 216 00:12:00,040 --> 00:12:03,240 Speaker 1: happen because the number one problem we've had is the 217 00:12:03,400 --> 00:12:07,360 Speaker 1: is the hiding of these prices, the cloak by the 218 00:12:07,520 --> 00:12:12,120 Speaker 1: healthcare cartels that are definitely Yeah, all those all those 219 00:12:12,160 --> 00:12:13,880 Speaker 1: parties he just read in that quote would be are 220 00:12:14,000 --> 00:12:16,400 Speaker 1: gonna be against this, and they're gonna fight it first 221 00:12:16,440 --> 00:12:21,439 Speaker 1: and foremost insurers. Secondly, hospitals, third providers, in fact, some 222 00:12:21,520 --> 00:12:23,559 Speaker 1: providers if you read the comments that have already been 223 00:12:23,840 --> 00:12:27,000 Speaker 1: submitted to this proposed regulation. Because this is a proposal, 224 00:12:27,360 --> 00:12:29,680 Speaker 1: they have until May fourth to decide whether or not 225 00:12:29,760 --> 00:12:32,360 Speaker 1: this is going to become an official regulation. So I 226 00:12:32,440 --> 00:12:34,960 Speaker 1: have commented on it, and there are doctors that were 227 00:12:35,160 --> 00:12:36,839 Speaker 1: right in line with me saying this is a good thing. 228 00:12:36,880 --> 00:12:39,920 Speaker 1: But Congress hates it too because the inflated prices for 229 00:12:39,960 --> 00:12:43,760 Speaker 1: private healthcare giving them cover on Medicare on the government programs. Right, Yeah, 230 00:12:43,760 --> 00:12:46,120 Speaker 1: I think I think funding the majority of both parties 231 00:12:46,160 --> 00:12:49,160 Speaker 1: probably are going to be disliking this. Oh my god, 232 00:12:49,240 --> 00:12:52,720 Speaker 1: doing it's great for Americans. Do we have any chance then, 233 00:12:53,040 --> 00:12:56,319 Speaker 1: of of making this actually happen? Yeah, I think I 234 00:12:56,679 --> 00:12:59,000 Speaker 1: definitely think there's a chance because you you at least now, 235 00:12:59,440 --> 00:13:01,240 Speaker 1: And that's out of why this gets a little weird, 236 00:13:01,280 --> 00:13:03,640 Speaker 1: because this is being done at an administrative level through 237 00:13:03,640 --> 00:13:08,319 Speaker 1: the Trump administration, latching onto a statute that was passed 238 00:13:08,360 --> 00:13:11,080 Speaker 1: three years ago, which probably didn't contemplate this is the way, 239 00:13:11,080 --> 00:13:12,839 Speaker 1: this is what was going to go. But yeah, I 240 00:13:13,160 --> 00:13:16,959 Speaker 1: think you're going to have whether it's twenty of both 241 00:13:17,040 --> 00:13:21,120 Speaker 1: parties for this, just Trump know this is happening, and 242 00:13:21,160 --> 00:13:22,920 Speaker 1: can he get out there and sell it to people, 243 00:13:23,040 --> 00:13:25,800 Speaker 1: because he could take back health care with this if 244 00:13:25,800 --> 00:13:28,280 Speaker 1: he got out there and explained it simply what it is. Yeah, 245 00:13:28,320 --> 00:13:30,520 Speaker 1: if he's if he's talking to Salazar at all or 246 00:13:30,520 --> 00:13:33,040 Speaker 1: getting updates from him, I would assume he knows exactly 247 00:13:33,040 --> 00:13:35,920 Speaker 1: what's going on here, because this is a this is 248 00:13:35,960 --> 00:13:39,640 Speaker 1: from Salazar and HHS. And to get to your political 249 00:13:39,720 --> 00:13:42,360 Speaker 1: question on who's gonna be for it, I think the 250 00:13:42,520 --> 00:13:47,280 Speaker 1: more freedom free market faction, defenders of liberty in the 251 00:13:47,320 --> 00:13:50,040 Speaker 1: Republican Party. So maybe the far right edge of the 252 00:13:50,040 --> 00:13:52,800 Speaker 1: Republican Party, the twenty or thirty percent over there, imagine 253 00:13:52,840 --> 00:13:57,000 Speaker 1: that free market considered exactly well, I think they would 254 00:13:57,000 --> 00:14:00,160 Speaker 1: be for this. And I think I think potentially you 255 00:14:00,160 --> 00:14:05,000 Speaker 1: could also have the far left of the Democrat Party 256 00:14:05,040 --> 00:14:07,880 Speaker 1: for this. We'll call it the populist wing, the populist wing, 257 00:14:08,320 --> 00:14:10,200 Speaker 1: because this is a great way to stick it to 258 00:14:10,240 --> 00:14:12,480 Speaker 1: big insurance and big corporation. I love that. So you 259 00:14:12,480 --> 00:14:15,920 Speaker 1: could get ao C and ran Paul together on that, actually, 260 00:14:15,960 --> 00:14:17,800 Speaker 1: and you really would. I really don't think you would 261 00:14:18,120 --> 00:14:21,920 Speaker 1: imagine Trump standing up with his arm around aocal Paul, 262 00:14:22,960 --> 00:14:25,840 Speaker 1: not the holy Trinity, if ever there was one. So 263 00:14:26,200 --> 00:14:27,880 Speaker 1: I want to make this clear though, as a free 264 00:14:27,880 --> 00:14:31,240 Speaker 1: market guy, this it could be argued, this is government 265 00:14:31,240 --> 00:14:35,280 Speaker 1: intrusion into a private agreement between say, an insurance company 266 00:14:35,280 --> 00:14:38,280 Speaker 1: in a hospital chain. Listen, will negotiate this right and 267 00:14:39,000 --> 00:14:42,160 Speaker 1: just between us. Nobody else needs to know. Why. What's 268 00:14:42,200 --> 00:14:44,400 Speaker 1: my justification as a free market guy for getting in 269 00:14:44,400 --> 00:14:46,880 Speaker 1: the middle of that. Yeah, you're absolutely right, Joe. And 270 00:14:46,920 --> 00:14:50,520 Speaker 1: after I wrote my initial article on Saturday, I lost 271 00:14:50,600 --> 00:14:52,960 Speaker 1: sleep Saturday night thinking about this, and I wrote a 272 00:14:53,040 --> 00:14:55,960 Speaker 1: large addendum to my article on Sunday explaining why I'm 273 00:14:56,120 --> 00:14:59,400 Speaker 1: very strange. Man. Again, this was my weekend. You know 274 00:14:59,440 --> 00:15:01,760 Speaker 1: how to have I do? I know? A party? Seven 275 00:15:02,160 --> 00:15:07,000 Speaker 1: pages of HHS REGs. Wow, get or done? Um? So look, 276 00:15:07,840 --> 00:15:09,680 Speaker 1: I agree with all of that. I agree that you 277 00:15:09,720 --> 00:15:12,600 Speaker 1: do not pass a new law unless it's absolutely necessary. 278 00:15:13,440 --> 00:15:17,080 Speaker 1: One of the core tenants of free capitalism and economics 279 00:15:17,160 --> 00:15:20,240 Speaker 1: is that when you're dealing with a monopoly, or in 280 00:15:20,280 --> 00:15:23,720 Speaker 1: this case, an oligopoli, a market that's in controlled by 281 00:15:23,760 --> 00:15:26,640 Speaker 1: a few providers, like I said, four who are at 282 00:15:26,720 --> 00:15:29,120 Speaker 1: least winking or not and at each other well, and 283 00:15:29,120 --> 00:15:32,920 Speaker 1: and and in a unholy big government collusion type of 284 00:15:32,960 --> 00:15:37,760 Speaker 1: agreement with the medicare fraud, right, right, you need that's 285 00:15:37,760 --> 00:15:39,880 Speaker 1: when government needs to step in. You need to step 286 00:15:39,880 --> 00:15:42,400 Speaker 1: into set the market free. And this is an attempt, 287 00:15:42,480 --> 00:15:46,200 Speaker 1: albeit maybe a little bit strange because it's not coming 288 00:15:46,240 --> 00:15:49,400 Speaker 1: through Congress. That's coming through the administration. Another subject for 289 00:15:49,400 --> 00:15:52,520 Speaker 1: another day, another subject. That's it's a strange thing. But 290 00:15:52,600 --> 00:15:56,040 Speaker 1: this is pro transparency, pro free market. Okay, we can't 291 00:15:56,080 --> 00:15:58,320 Speaker 1: run out of time for this. So in your your article, 292 00:15:58,360 --> 00:15:59,920 Speaker 1: which I actually read, you had a click here to 293 00:16:00,040 --> 00:16:02,880 Speaker 1: make comments. Should average shlubs like me make comments? There 294 00:16:02,960 --> 00:16:06,000 Speaker 1: is this just for people like you. I think anybody 295 00:16:06,000 --> 00:16:08,080 Speaker 1: should make come This is this affects everybody who's parts 296 00:16:08,520 --> 00:16:11,560 Speaker 1: and people need to go to your website see the right. 297 00:16:11,600 --> 00:16:13,880 Speaker 1: We'll have the link at Armstrong and Gutta dot com. 298 00:16:13,880 --> 00:16:15,760 Speaker 1: Within the next few minutes. We'll get that up there. 299 00:16:16,240 --> 00:16:18,520 Speaker 1: People can actually say do this. How can people get 300 00:16:18,520 --> 00:16:22,440 Speaker 1: in touch with you, Craig, Benefit daft revolution dot com. 301 00:16:22,440 --> 00:16:24,920 Speaker 1: This article and this audio will be posted right at 302 00:16:24,920 --> 00:16:29,320 Speaker 1: the top of that website. Benefit Daft dash Revolution dot com.