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Explain It to Me

Coronavirus meets health reform

Explain It to Me

Vox Media Podcast Network

Politics, Society & Culture, Education, News

4.48K Ratings

🗓️ 3 April 2020

⏱️ 61 minutes

🧾️ Download transcript

Summary

Ezra and Matt discuss Covid-19's impact on insurance premiums, the case for single-payer, and more. Resources: "Coronavirus May Add Billions to U.S. Health Care Bill" by Reed Abelson, NYTimes "The coronavirus crisis hasn't changed Joe Biden's mind on 'Medicare for All'" by Sahil Kapur, NBC News Briahna Joy Gray Tweet "Fighting coronavirus won’t help struggling Maine hospitals pay the bills" by Charles Eichacker, BDN "California’s rural hospitals can’t handle a coronavirus wave. ‘People will die,’ doctor warns" by Ryan Sabalow and Jason Pohl, The Sacramento Bee "Is U.S. Health Care Well-Equipped for the Coronavirus?" by Robert Orr, Niskanen Center "Trump rejects Obamacare special enrollment period amid pandemic" by Susannah Luthi, Politico Hosts: Matthew Yglesias (@mattyglesias), Senior correspondent, Vox Ezra Klein (@ezraklein), Editor-at-large, Vox Credits: Producer and edited by Jeff Geld More to explore: Subscribe to Impeachment, Explained on Apple Podcasts, Spotify, Stitcher, Overcast, Pocket Casts, or your favorite podcast app to get stay updated on this story every week. About Vox Vox is a news network that helps you cut through the noise and understand what's really driving the events in the headlines. Follow Us: Vox.com Facebook group: The Weeds Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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1:02.0

Did I completely lose you?

1:04.0

No, Jeff just beauted himself because he's really, he's like sitting in a washing machine or something.

1:09.0

Okay.

1:20.0

Hello, welcome to another episode of The Weeds on the Vox Media Podcast Network. I'm Matthew Adlesias joined today by As Recline from one of our Friday coronavirus chats.

1:37.0

I was struck in the sort of rural of coronavirus news, immediate crisis stuff that there were reports out there's a good article in the upshot about how health insurance premiums may be going up by as much as 40% next year as a result of sort of coronavirus costs.

1:58.0

This is not like the thing people need to worry about right now in this crisis, but it's close to the weeds is heart.

2:05.0

And it's a reminder, I think in some ways, that like we have an unresolved question as to like what is the sustainability of the existing American healthcare system under a variety of stresses.

2:22.0

Yeah, so to talk a bit about this analysis, this came out of covered California, which is the Obamacare Marketplace.

2:28.0

It's been set up in California and it's been one of the more successful ones in the nation.

2:32.0

And they were looking at this not just for California, but nationally.

2:36.0

And so you can think about the mechanisms here as being pretty simple. You have coronavirus that takes people's expected health care costs because

2:43.0

the extra percentage of the population is going to need hospital or ICU care who wouldn't otherwise have needed it.

2:48.0

It'll be very expensive. That's going to jack up the amount of expected health costs that is happening in a year that the insurance were not prepared for it.

...

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