WEBVTT - Bloomberg Law Brief: Trump's Plan to Replace Obamacare (Audio)

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<v Speaker 1>Now it's time for our daily Bloomberg Law Brief, exploring

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<v Speaker 1>legal issues in the news, brought to you by American

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<v Speaker 1>Arbitration Association. Business disputes are inevitable, resolve faster with the

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<v Speaker 1>American Arbitration Association, the global leader and alternative dispute resolution

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<v Speaker 1>for over ninety years. More at a dr dot org. Today,

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<v Speaker 1>Bloomberg lahe student Grasso and Michael Best discuss Republican plans

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<v Speaker 1>to repeal Obamacare after President Donald Trump signed an executive

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<v Speaker 1>order to ease several provisions of the law. They speak

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<v Speaker 1>with Alden Bianchi, a member at mince Levin, and Abbey Gluck,

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<v Speaker 1>faculty director of the Solomon Center for Health Law and

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<v Speaker 1>Policy at Yale University. Abbey can the administration refused to

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<v Speaker 1>enforce the two mandates to purchase insurance and to have

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<v Speaker 1>employers provide insurance if they have fifty or more employees.

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<v Speaker 1>The executive order makes right clear that the agencies can

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<v Speaker 1>only act to the extent authorized by law. UM. With

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<v Speaker 1>respect to the individual mandate, the requirement that everybody has

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<v Speaker 1>to get themselves insured or pay attacks a very very

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<v Speaker 1>controversial requirement under the Affordable Care Act UM. As a

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<v Speaker 1>legal matter, it's very unlikely that jump administration could use

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<v Speaker 1>that executive order the wholesale abandoned the individual mandate, that

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<v Speaker 1>would not be permitted consistent with the law as the

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<v Speaker 1>executive order requires. They could extend some of the hardship

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<v Speaker 1>exemptions that were offered by the Obama administration, but the

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<v Speaker 1>exception can swallow the rule. But also just know that

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<v Speaker 1>Tom Price, the HHS nominee, and his confirmation hearing, also

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<v Speaker 1>alluded to the idea that they were not going to

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<v Speaker 1>use that executive order the wholesale stop enforcing the individual

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<v Speaker 1>mandate all then, what do you make of Tom Price's

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<v Speaker 1>testimony where Trump's choice for Health secretary repeatedly refused to

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<v Speaker 1>promise that no Americans will be worse off under Trump's

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<v Speaker 1>executive order to ease provisions of the Affordable Care Act.

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<v Speaker 1>The question is is how does the how does replace

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<v Speaker 1>go forward? And I think Representative Price has been been

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<v Speaker 1>very cryptic in any numbers. We have no idea or

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<v Speaker 1>very little idea from his from his his public statements

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<v Speaker 1>and testimony exactly what he's going to do. But we

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<v Speaker 1>do have a comprehensive bill that he had two comprehensive

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<v Speaker 1>bills one a pure repeal bill on the reconciliation and

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<v Speaker 1>the other repeal and replace that Tom that Tom Price

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<v Speaker 1>either offered authored or as a co author. So we

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<v Speaker 1>so we have his policy prescriptions, so we know, I

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<v Speaker 1>think we know what he wants to do and and

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<v Speaker 1>and those prescriptions are very similar to the prescriptions in

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<v Speaker 1>in five other major Republican proposals. So I think he's uh,

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<v Speaker 1>we we pretty much know where he's going to go.

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<v Speaker 1>It's all then, Bianchi. Remember at mince Levin and Abbey Luck,

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<v Speaker 1>Faculty director of the Solomon Center for Health Law and

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<v Speaker 1>Policy at Yale University, speaking with Bloomberg Law host Jun Grosso.

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<v Speaker 1>You can listen to Bloomberg Law weekdays at one pm

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