Health Care News Podcast

Was Obamacare Designed to Fail?


Listen Later

Is it possible that Obamacare was intentionally set up to falter, leading frustrated Americans to implore the federal government to assume control of health care? Devon Herrick posits this theory, having recently explored the topic on the Goodman Health Blog. He highlights that without the crutch of subsidies, Obamacare is destined to collapse — a prediction echoed by many during the 2009-2010 debates surrounding the inception of the Affordable Care Act.

Herrick delves into various topics, including the expansion of Medicaid, and the concept of Medicare for All — or as he terms it, “Medicaid for All.” Since the enactment of the ACA, 21 states have contemplated bills advocating for single-payer systems. However, the majority of these proposals were thwarted due to their exorbitant costs. For instance, Vermont terminated its program, while California’s initiative never came to fruition. Colorado’s electorate decisively rejected a similar proposition. Currently, Michigan is weighing the adoption of a single-payer system, prompting Herrick to pose crucial questions that demand consideration. These include whether employers will participate, if employees will face surcharges for the state plan, and if the state will request the federal government to allocate all Medicaid and Medicare funds directly to the state’s program.

Moreover, the “Medicare for All” concept continues to persist, with a bill garnering the support of 100 legislators introduced this past May. Herrick and Schieber engage in a discussion about the public’s susceptibility to the false promise of efficient government-managed health care as opposed to a free-market approach. They ponder why the public readily embraces the free market in sectors like retail and technology — which have witnessed significant innovation and competitive pricing — yet hesitates to do the same for health care.

...more
View all episodesView all episodes
Download on the App Store

Health Care News PodcastBy The Heartland Institute

  • 3.8
  • 3.8
  • 3.8
  • 3.8
  • 3.8

3.8

30 ratings


More shows like Health Care News Podcast

View all
WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,716 Listeners

Science Friday by Science Friday and WNYC Studios

Science Friday

6,345 Listeners

The Curbsiders Internal Medicine Podcast by The Curbsiders Internal Medicine Podcast

The Curbsiders Internal Medicine Podcast

3,338 Listeners

The Daily by The New York Times

The Daily

112,342 Listeners

Up First from NPR by NPR

Up First from NPR

56,394 Listeners

What the Health? From KFF Health News by KFF Health News

What the Health? From KFF Health News

499 Listeners

The Indicator from Planet Money by NPR

The Indicator from Planet Money

9,516 Listeners

Suze Orman's Women & Money (And Everyone Smart Enough To Listen) by Suze Orman Media

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

4,444 Listeners

Fiction - Comedy Fiction by The Sunset Explorers

Fiction - Comedy Fiction

6,446 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,852 Listeners

Consider This from NPR by NPR

Consider This from NPR

6,360 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,029 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,370 Listeners

Point Me To First Class by Devon Gimbel MD

Point Me To First Class

1,173 Listeners

The AI Daily Brief: Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief: Artificial Intelligence News and Analysis

564 Listeners