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

RUSH TRANSCRIPT Cuban 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.”