1 00:00:00,080 --> 00:00:03,080 Speaker 1: Now it's time for our daily Bloomberg Law Brief, exploring 2 00:00:03,200 --> 00:00:05,680 Speaker 1: legal issues in the news, brought to you by American 3 00:00:05,800 --> 00:00:09,920 Speaker 1: Arbitration Association. Business disputes are inevitable, resolve faster with the 4 00:00:09,920 --> 00:00:14,280 Speaker 1: American Arbitration Association, the global leader and alternative dispute resolution 5 00:00:14,320 --> 00:00:17,960 Speaker 1: for over ninety years. More at a dr dot org. Today, 6 00:00:17,960 --> 00:00:22,040 Speaker 1: Bloomberg lahe student Grasso and Michael Best discuss Republican plans 7 00:00:22,040 --> 00:00:25,720 Speaker 1: to repeal Obamacare after President Donald Trump signed an executive 8 00:00:25,800 --> 00:00:29,360 Speaker 1: order to ease several provisions of the law. They speak 9 00:00:29,360 --> 00:00:32,760 Speaker 1: with Alden Bianchi, a member at mince Levin, and Abbey Gluck, 10 00:00:32,880 --> 00:00:35,960 Speaker 1: faculty director of the Solomon Center for Health Law and 11 00:00:36,120 --> 00:00:40,920 Speaker 1: Policy at Yale University. Abbey can the administration refused to 12 00:00:41,080 --> 00:00:44,879 Speaker 1: enforce the two mandates to purchase insurance and to have 13 00:00:45,000 --> 00:00:47,760 Speaker 1: employers provide insurance if they have fifty or more employees. 14 00:00:48,159 --> 00:00:51,320 Speaker 1: The executive order makes right clear that the agencies can 15 00:00:51,360 --> 00:00:54,480 Speaker 1: only act to the extent authorized by law. UM. With 16 00:00:54,560 --> 00:00:58,560 Speaker 1: respect to the individual mandate, the requirement that everybody has 17 00:00:58,600 --> 00:01:02,160 Speaker 1: to get themselves insured or pay attacks a very very 18 00:01:02,160 --> 00:01:06,760 Speaker 1: controversial requirement under the Affordable Care Act UM. As a 19 00:01:06,840 --> 00:01:10,640 Speaker 1: legal matter, it's very unlikely that jump administration could use 20 00:01:10,640 --> 00:01:13,800 Speaker 1: that executive order the wholesale abandoned the individual mandate, that 21 00:01:13,800 --> 00:01:17,120 Speaker 1: would not be permitted consistent with the law as the 22 00:01:17,160 --> 00:01:21,080 Speaker 1: executive order requires. They could extend some of the hardship 23 00:01:21,120 --> 00:01:24,360 Speaker 1: exemptions that were offered by the Obama administration, but the 24 00:01:24,360 --> 00:01:27,240 Speaker 1: exception can swallow the rule. But also just know that 25 00:01:27,360 --> 00:01:31,720 Speaker 1: Tom Price, the HHS nominee, and his confirmation hearing, also 26 00:01:31,880 --> 00:01:33,640 Speaker 1: alluded to the idea that they were not going to 27 00:01:33,840 --> 00:01:37,680 Speaker 1: use that executive order the wholesale stop enforcing the individual 28 00:01:37,720 --> 00:01:41,920 Speaker 1: mandate all then, what do you make of Tom Price's 29 00:01:42,200 --> 00:01:46,920 Speaker 1: testimony where Trump's choice for Health secretary repeatedly refused to 30 00:01:47,040 --> 00:01:50,720 Speaker 1: promise that no Americans will be worse off under Trump's 31 00:01:50,720 --> 00:01:54,560 Speaker 1: executive order to ease provisions of the Affordable Care Act. 32 00:01:54,840 --> 00:01:59,680 Speaker 1: The question is is how does the how does replace 33 00:01:59,760 --> 00:02:03,760 Speaker 1: go forward? And I think Representative Price has been been 34 00:02:03,920 --> 00:02:07,000 Speaker 1: very cryptic in any numbers. We have no idea or 35 00:02:07,160 --> 00:02:10,640 Speaker 1: very little idea from his from his his public statements 36 00:02:10,680 --> 00:02:14,120 Speaker 1: and testimony exactly what he's going to do. But we 37 00:02:14,240 --> 00:02:17,679 Speaker 1: do have a comprehensive bill that he had two comprehensive 38 00:02:17,680 --> 00:02:22,200 Speaker 1: bills one a pure repeal bill on the reconciliation and 39 00:02:22,280 --> 00:02:25,400 Speaker 1: the other repeal and replace that Tom that Tom Price 40 00:02:25,480 --> 00:02:27,760 Speaker 1: either offered authored or as a co author. So we 41 00:02:27,960 --> 00:02:31,240 Speaker 1: so we have his policy prescriptions, so we know, I 42 00:02:31,280 --> 00:02:34,280 Speaker 1: think we know what he wants to do and and 43 00:02:34,280 --> 00:02:39,000 Speaker 1: and those prescriptions are very similar to the prescriptions in 44 00:02:39,520 --> 00:02:44,240 Speaker 1: in five other major Republican proposals. So I think he's uh, 45 00:02:44,639 --> 00:02:46,920 Speaker 1: we we pretty much know where he's going to go. 46 00:02:47,760 --> 00:02:50,600 Speaker 1: It's all then, Bianchi. Remember at mince Levin and Abbey Luck, 47 00:02:50,639 --> 00:02:53,320 Speaker 1: Faculty director of the Solomon Center for Health Law and 48 00:02:53,400 --> 00:02:57,040 Speaker 1: Policy at Yale University, speaking with Bloomberg Law host Jun Grosso. 49 00:02:57,240 --> 00:02:59,360 Speaker 1: You can listen to Bloomberg Law weekdays at one pm 50 00:02:59,360 --> 00:03:02,200 Speaker 1: Wall Street. I'm here on Bloomberg Radio, and that is 51 00:03:02,280 --> 00:03:04,320 Speaker 1: this morning's Bloomberg Law Brae. If you can find more 52 00:03:04,400 --> 00:03:07,240 Speaker 1: legal news at Bloomberg Law dot com and Bloomberg b 53 00:03:07,520 --> 00:03:11,280 Speaker 1: NA dot com. Attorneys will find exceptional legal research and 54 00:03:11,320 --> 00:03:14,840 Speaker 1: business development tools there as well. Visit Bloomberg Law dot 55 00:03:14,880 --> 00:03:17,800 Speaker 1: com and Bloomberg b and A dot com for more information.