meta_pixel
Tapesearch Logo
Log in
Cato Podcast

ObamaCare in Triage

Cato Podcast

Cato Institute

Cato, Peace, Policy, Politics, Markets, Defense, Government, News, News Commentary, 424708, Immigration, Libertarian

4.5979 Ratings

🗓️ 12 July 2013

⏱️ 8 minutes

🧾️ Download transcript

Summary


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Cato Daily Podcast for Friday, July 12, 2013. I'm Caleb Brown. The delays and changes and other problems with Obamacare continue.

0:14.9

Michael Cannon, Director of Health Policy Studies at the Cato Institute has some advice

0:18.6

for members of Congress hoping to distance themselves from the unravelling program.

0:25.0

Just before the 4th of July, the Obama administration announced it

0:29.0

it was going to be delaying the employer mandate in Obamacare.

0:33.2

That's the requirement that employers with more than 50 workers offer adequate coverage

0:38.4

to those full-time workers.

0:41.3

And then a couple days later, before the weekend after the 4th of July, the administration

0:46.9

announced it was also postponing some other provisions of the law.

0:50.2

So what they're postponing is not just the employer mandate they're also postponing

0:55.5

other provisions that were supposed to take place to take effect in 2014, including the requirements

1:01.7

that employers and insurers report certain information

1:04.8

about their insurance offerings and enrollees, and they announce that they would not

1:10.5

be doing the income verifications of people who apply for

1:15.2

Obamacare subsidies. So what we're left with is a situation where the

1:19.2

Obama administration has effectively repealed for one year several provisions of Obamacare.

1:26.0

One of them is the employer mandate that was supposed to bring revenue into the Treasury from employers

1:30.1

who weren't in compliance.

1:32.4

They've also repealed these income and insurance

1:35.0

verification provisions that were supposed to prevent people from

1:40.8

getting subsidies who weren't eligible to receive those subsidies.

1:44.0

So at the same time, the Obama administration is not going to be collecting revenue, it's supposed to be collecting,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Cato Institute, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Cato Institute and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.