Rand Paul appeared on “The Daily Show” with John Oliver hosting on August 12, 2013. Rand Paul talked about the Affordable Care Act (ACA) aka “Obamacare” as he referred to it (video below). Here is the transcript from the show:
John Oliver: Please welcome back to the show, Senator Rand Paul!
Senator, thank you for being with us this evening. I am not going to ask you if you are running for President because it is the year 2013 so I don’t care. I don’t care.
Rand Paul: And the alarm clock has not gone off yet
John Oliver: That’s right. Exactly
Rand Paul: You know, I am really excited to be on the John Oliver Show. It’s really great that you have your own show.
John Oliver: No one is excited about that. So that is your first lie. Instead, let’s talk about the Affordable Care Act. You are for it or against it? I forget.
Rand Paul: Well, I am afraid it is going to be unaffordable. That’s the real problem. I am afraid that everyone will pay a lot more for insurance and I think precisely the people it was intended to help, it may well hurt. Because they may not be able to afford it. Because the President has mandated that the insurance covers so many things that I think it will be very expensive.
John Oliver: That’s what’s interesting to me because [unintelligible] there have been 40 votes against Obamacare and no one can accuse the Republicans of being in favor of this. You have let all your contempt out on the field with this one. Yet why does it matter so much? Is it the mandate? Is that what you have this kind of religion… religious objection to?
Rand Paul: I think we all want more people to have healthcare, we all want more people to have insurance, but we think the opposite will happen. I tell people that there is always the… in Washington people have good intentions. And I don’t really begrudge the Democrats saying their motives are bad. I just think that what they are trying to do, the opposite will happen. And it’s kind of because we have this, it’s called the dinosaur syndrome. We have politicians that have really small brains and really big hearts. And they want to do what’s right, but I..I don’t think it’s going to work.
John Oliver: Right and I’m not sitting across from a diplodocus. That’s what you are saying.
Rand Paul: You’re exactly right. There’s only certain politicians.
John Oliver: Ok, ok. But, but you are always intellectually consistent when it comes to [things like] let the banks fail, let the market correct itself. What is 10’s of millions of Americans being uninsured if it’s not market failure?
Rand Paul: Well, the market has failed in healthcare but it’s because of too much government not too little government. And I will give you two examples. I’m an eye surgeon, in my practice there were two things insurance did not cover, but the price went down every year. Lasik surgery to get rid of glasses from $2,000 an eye to less than $500 an eye because of competition. Competition brings down prices. Contact lenses; I sold contact lenses within pennies of what Wal-Mart did, not because I wanted to, but because I had to compete. My patients would go to Wal-Mart. So, competition brings down prices. What happened in healthcare is we connected it to employment and what happened over time is that deductibles got lower and lower. So, you would go to the hospital and you’d have heart surgery. Your bill would be $100,000 and your mouthwash would cost $55 and you would go “That’s ridiculous”.
John Oliver: Right.
Rand Paul: But you did not have to pay it so you did not care about the price and you did bring the price down because you didn’t care about what the cost of things were.
John Oliver: But, but, you say you are a disciple for smaller government, but is not something like healthcare where government should step in when business isn’t doing it? Now businesses have the ability to insure people and it has chosen not to.
Rand Paul: Well, no, 85% of people have insurance so 15% didn’t. So, what you need to look at are the 15% and why they don’t have insurance. Of the 15% who did not have insurance, half of them made more than $50,000 a year. Why didn’t they buy insurance? Because of the expense. They were young, healthy people so that’s the problem. You have a young audience and you tell them “Oh you must buy insurance.” But they say “but I only make $30,000 a year and your insurance now costs $15,000. So how is that mandate going to work?” I have employees for a small business and there is no insurance. How can they buy insurance if they make $30,000 and insurance costs $15,000? They need the opposite. They don’t need low deductibles. They need very high deductibles. They need insurance for catastrophes cause young people are unlikely to get ill. They need it for the rare occasion not for the everyday occasion.
John Oliver: But but, How, how do you balance out, the free markets goal to you know, make money with the societal goal to stop people from dying? Because those things are often at odds.
Rand Paul: Well, the thing is, you have to ask yourself, “what’s the most amount of goods at the cheapest price?” And that is voluntary exchange. For example, everybody needs bread. You need bread and water just as much as healthcare if not more. So in the Soviet Union, they said.. they’d give bread to everyone. And they would set the price of bread, but they would set it at .80 cents a loaf and the market would say it is $1 and there would be no bread. The store shelves would be empty. So, really the allocation, the central allocation, by central authorities deciding how to distribute healthcare is an inefficient way. I will give you an example. What’s, you’ve been to Britain?
John Oliver: Psh yea! I’m never going back I’ll tell you that.
Rand Paul: Alright.
John Oliver: I’ve made my choice, I like it here.
Rand Paul: Alright. And you know why? Because you’ll wait in line.
John Oliver: No, that’s not why. Uh, that is… that is genuinely not why. If I get sick, I will get on a plane and go back because they will take care of me.
Rand Paul: They probably will, but I mean I think there is special coverage for mental illnesses, well, over there. The thing is, is that…
John Oliver: Well played.
John Oliver: The Rand Paul interview went a little bit long. If you want to see the rest of it, please, you can check it out on the web, uh otherwise we will be right back.
Thank you, Sen. Paul, for making the case for the ACA!
So, how did Rand Paul make the case for the ACA? Well, the ACA opens up the free market and allows insurance companies to compete across state lines for business. Just to remind you of what Rand Paul said, “Competition brings down prices. Contact lenses; I sold contact lenses within pennies of what Wal-Mart did, not because I wanted to, but because I had to compete. My patients would go to Wal-Mart. So, competition brings down prices.” So, thank you Sen. Paul, for making the case for the ACA without even realizing you were doing it. I am sure many Democrats will be glad to call you and thank you.
Rand Paul can’t handle the truth!
Rand Paul also mentioned that roughly 15% of people in this country are uninsured. He is correct, 15.7% of people are uninsured. However, what he forgot to mention was that number declined in 2011 from 2010. In 2010, 16.3% of the people were uninsured. The ACA was already starting to work because of the important provisions of preventing insurance companies from kicking off sick children, eliminating lifetime caps, and allowing children up to the age of 26 to be on their parent’s plan.
However, here is where Sen. Paul was wrong on his facts. Out of the 15.7%, he stated that half of them made more than $50,000 a year, which is categorically false. 37.4% of the people uninsured made over $50,000/year. See pictures below:
He also stated that is costs $15,000/year for insurance. That is true, if you are a family. However, what he was referencing was a young person and if a single young person wanted insurance, it would cost $5,615/year. He made reference to a person making $30,000/year and paying $15,000/year for health insurance. Well, that again is false. If a family makes $30,000/year, they qualify for government sponsored healthcare also known as Medicaid.
Liar, liar! Pants on fire!
These deceptions need to stop! Sen. Rand Paul and the rest of the GOP are lying to the American public about the ACA and they are doing it by double-talking and not giving the whole truth! Share this information with your friends and family and be the voice for the truth!
Watch the video Rand Paul on The Daily Show Below: