Mark Cuban: Gov’t Should Provide Single Payer for Catastrophic Care, Chronic Illness

RUSH TRANSCRIPT CAVUTO All ░░░░░░░░ Well Hillary Clinton delighted ░░░░░░░░ what happened to Republicans ░░░░░░░░ The health care failure ░░░░░░░░ victory for anyone who ░░░░░░░░ affordable health care is ░░░░░░░░ human right That has ░░░░░░░░ point that a number ░░░░░░░░ Democrats have raised who ░░░░░░░░ really big liberals no ░░░░░░░░ than mark Cuban telling ░░░░░░░░ think you have to ░░░░░░░░ this in a unique ░░░░░░░░ here but what Eric ░░░░░░░░ discovered in checking with ░░░░░░░░ is that he does ░░░░░░░░ health care as again ░░░░░░░░ human right Take a ░░░░░░░░ clip starts BOLLING You ░░░░░░░░ ve read said health ░░░░░░░░ should be a right ░░░░░░░░ you please explain that ░░░░░░░░ Sure not all health ░░░░░░░░ should be a right ░░░░░░░░ I ve said is ░░░░░░░░ in this country face ░░░░░░░░ genetic risk We re ░░░░░░░░ in the genetic lottery ░░░░░░░░ nobody dies healthy We ░░░░░░░░ lose the life lottery ░░░░░░░░ station toilet could fall ░░░░░░░░ your head and we ░░░░░░░░ be in the wrong ░░░░░░░░ at the wrong time ░░░░░░░░ suffer a serious injury ░░░░░░░░ chronic illnesses and serious ░░░░░░░░ life threatening illnesses that ░░░░░░░░ be a right for ░░░░░░░░ BOLLING Who pays for ░░░░░░░░ Cuban We pay for ░░░░░░░░ anyway BOLLING I love ░░░░░░░░ give free stuff to ░░░░░░░░ too That s you ░░░░░░░░ you re talking about ░░░░░░░░ expensive health care Cuban ░░░░░░░░ who pays for it ░░░░░░░░ BOLLING Well I mean ░░░░░░░░ can walk into an ░░░░░░░░ room and we all ░░░░░░░░ for it is that ░░░░░░░░ you re getting at ░░░░░░░░ We pay for it ░░░░░░░░ somebody is sick everybody ░░░░░░░░ know is going to ░░░░░░░░ sick at some point ░░░░░░░░ not everybody is going ░░░░░░░░ be able to pay ░░░░░░░░ it Right now whether ░░░░░░░░ s walking into an ░░░░░░░░ room whether it s ░░░░░░░░ being able to hold ░░░░░░░░ job because your cousin ░░░░░░░░ brother your sister your ░░░░░░░░ your daughter your son ░░░░░░░░ sick et cetera et ░░░░░░░░ somebody was in an ░░░░░░░░ we all pay for ░░░░░░░░ And because the only ░░░░░░░░ that it s going ░░░░░░░░ work where you know ░░░░░░░░ can have a productive ░░░░░░░░ me have the right ░░░░░░░░ way to say it ░░░░░░░░ all share the risk ░░░░░░░░ You re basically saying ░░░░░░░░ government has to provide ░░░░░░░░ single payer system for ░░░░░░░░ health care Cuban And ░░░░░░░░ less than catastrophic health ░░░░░░░░ for chronic illnesses and ░░░░░░░░ injury as well So ░░░░░░░░ answer is yes single ░░░░░░░░ for those Everything else ░░░░░░░░ be absolutely free market ░░░░░░░░ How does it go ░░░░░░░░ the budget Where is ░░░░░░░░ pay for it That ░░░░░░░░ quite a program Cuban ░░░░░░░░ s a great question ░░░░░░░░ now we re paying ░░░░░░░░ it taxes One thing ░░░░░░░░ would change I would ░░░░░░░░ the insurance companies out ░░░░░░░░ the equation completely I ░░░░░░░░ t know in the ░░░░░░░░ care whether it s ░░░░░░░░ whether it s Trump ░░░░░░░░ or don t care ░░░░░░░░ you want to call ░░░░░░░░ I don t think ░░░░░░░░ insurance companies solve any ░░░░░░░░ or actually deserve to ░░░░░░░░ in the mix and ░░░░░░░░ we re already paying ░░░░░░░░ insurance companies we re ░░░░░░░░ paying for various types ░░░░░░░░ health care we re ░░░░░░░░ in local and state ░░░░░░░░ to take care of ░░░░░░░░ for hospital programs paying ░░░░░░░░ emergency room programs I ░░░░░░░░ the exact name of ░░░░░░░░ program We re paying ░░░░░░░░ it anyway if you ░░░░░░░░ the insurance companies out ░░░░░░░░ the mix then really ░░░░░░░░ arbitrage is the 20 ░░░░░░░░ profit margins of the ░░░░░░░░ company versus the inefficiencies ░░░░░░░░ the government and using ░░░░░░░░ technology and new approaches ░░░░░░░░ we reduce the inefficiencies ░░░░░░░░ the government to less ░░░░░░░░ the insurance companies profit ░░░░░░░░ I think the answer ░░░░░░░░ that is yes BOLLING ░░░░░░░░ so the conservative answer ░░░░░░░░ that is absolutely not ░░░░░░░░ that sounds like a ░░░░░░░░ Sanders socialist program I ░░░░░░░░ t want to get ░░░░░░░░ deep in it Let ░░░░░░░░ talk about what s ░░░░░░░░ on the horizon for ░░░░░░░░ Trump Administration The next ░░░░░░░░ political policy thing he ░░░░░░░░ got to deliver is ░░░░░░░░ reform now you re ░░░░░░░░ investor you watch the ░░░░░░░░ market go up and ░░░░░░░░ based on what s ░░░░░░░░ on with health care ░░░░░░░░ s going on with ░░░░░░░░ potential for tax reform ░░░░░░░░ are do we stand ░░░░░░░░ that Are you okay ░░░░░░░░ a very substantial tax ░░░░░░░░ for corporations and individuals ░░░░░░░░ Yeah I mean substantial ░░░░░░░░ relative right Would I ░░░░░░░░ to see our corporate ░░░░░░░░ rates be a lot ░░░░░░░░ competitive so we have ░░░░░░░░ inversions Absolutely When I ░░░░░░░░ working with Secretary Clinton ░░░░░░░░ wanted me to go ░░░░░░░░ and talk to businesses ░░░░░░░░ her tax program and ░░░░░░░░ wouldn t do it ░░░░░░░░ she wouldn t commit ░░░░░░░░ reduced corporate taxes I ░░░░░░░░ that s critical Should ░░░░░░░░ be 15 No 20 ░░░░░░░░ somewhere in that range ░░░░░░░░ BOLLING And individual taxes ░░░░░░░░ well You re all ░░░░░░░░ with lowering those Cuban ░░░░░░░░ m all right with ░░░░░░░░ individual taxes I m ░░░░░░░░ with the tax rate ░░░░░░░░ have I think people ░░░░░░░░ my tax bracket there ░░░░░░░░ no reason to cut ░░░░░░░░ taxes but for those ░░░░░░░░ 2 300 000 400 ░░░░░░░░ yes a lot of ░░░░░░░░ reasons to cut their ░░░░░░░░ BOLLING So mark Cuban ░░░░░░░░ with Donald Trump on ░░░░░░░░ and Bernie Sanders with ░░░░░░░░ care Cuban No no ░░░░░░░░ t put me on ░░░░░░░░ same as Bernie Sanders ░░░░░░░░ Sanders wants all health ░░░░░░░░ to be a right ░░░░░░░░ s not what I ░░░░░░░░ I said for chronic ░░░░░░░░ and catastrophic illness yes ░░░░░░░░ the BOLLING The most ░░░░░░░░ stiff part of health ░░░░░░░░ you want government to ░░░░░░░░ a part of but ░░░░░░░░ re willing to say ░░░░░░░░ should come down I ░░░░░░░░ it s that conservative ░░░░░░░░ where if you lower ░░░░░░░░ let people keep more ░░░░░░░░ and the economy will ░░░░░░░░ Cuban I ll disagree ░░░░░░░░ you Eric I m ░░░░░░░░ the entrepreneurial viewpoint What ░░░░░░░░ m saying there s ░░░░░░░░ lot of new technology ░░░░░░░░ out and a lot ░░░░░░░░ changing so in the ░░░░░░░░ we looked at insurance ░░░░░░░░ to be the intermediary ░░░░░░░░ handle it for us ░░░░░░░░ had their own goals ░░░░░░░░ re going to a ░░░░░░░░ age where there can ░░░░░░░░ a conservative government effort ░░░░░░░░ be a lot more ░░░░░░░░ to implement technology so ░░░░░░░░ can be as a ░░░░░░░░ more effective BOLLING Mark ░░░░░░░░ have a couple of ░░░░░░░░ quickly Can we talk ░░░░░░░░ the wire taps this ░░░░░░░░ has been blowing up ░░░░░░░░ Sure BOLLING Where do ░░░░░░░░ stand Is there an ░░░░░░░░ for us to find ░░░░░░░░ exactly who is tapped ░░░░░░░░ whether they re surveilled ░░░░░░░░ it s easy or ░░░░░░░░ Cuban It s easy ░░░░░░░░ Trump says I want ░░░░░░░░ take a look at ░░░░░░░░ and if he thinks ░░░░░░░░ doesn t impact national ░░░░░░░░ says you know what ░░░░░░░░ it is for everyone ░░░░░░░░ see, story over.”