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Whole Foods CEO John Mackey on the reasons why he opposes the health-care law.
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Food CEO John -- one of the first big giant CEOs the -- -- Carol walk out of the way back in the summer of 2009 shocking and upsetting much of it is.
Organic a loving clientele.
So effective that -- me exclusively John.
It looks like they are going to try to make a decision on this one way or the other this summer not punch a report or to -- -- for years to come.
What do you think -- -- that.
Well I gives supreme court's.
Major points for having the courage.
To tackle this issue now in an election year I thought they would probably try to.
-- on until the elections so I think I think it's noteworthy that they're taking and on now.
You know what do people agree or disagree would you want your health care of law view John would have pressing most is how early.
You would -- -- tests and said look guys I've I've crunched it looked at it not a fan of it and you weren't making a political statement at the time you were just.
Taken a bottom line point of view.
What.
God -- go then and what as.
We've come to fruition now -- that still gives great flaws.
I don't think the government should be meddling in determining.
What everybody's health care should.
I just don't think it's appropriates.
Scope of what the government should be doing.
So that's the first thing secondly whole foods has a very good health care plan that works very well for our team members and this Health Care Reform is gonna greatly affect that is gonna raise our cost is gonna make it less good point and for our key members of whole foods so.
I don't like it for that reason there are many look at this health care law though -- is -- just the opposite dead.
He's MacKey could just come down and -- this time those premiums that have been rising in their own cost of health insurance.
He's been experiences workers have been experience.
That will settle down you don't buy that.
-- of course not because they're gonna.
They're gonna it instead of letting each company in each individual negotiate.
The type of benefits they want to get in their health care plan.
Steady in an individual choice for that the government's gonna mandate that all.
Health insurance plans must cover these type of things they've already done a few things -- -- raised our cost for example.
We now have to cover.
People who were 26 years old who's.
Parents might be on our plan.
And that raises our cost which.
-- our costs go up that ends up meaning that we can't pay our team members as well I mean there's no free lunch somebody has to pay for that.
And of course the ultimate users are the ones are gonna have to pay for.
-- I remember distinctly mentioned that provision for older children.
I represented 26 years old is not really a child any longer -- an adult should be responsible for themselves now we could talk about the by the way that's so.
-- but -- not my issue was dead.
It was undeniable.
That that it.
Premiums and have to go up to account for just that that feature alone to say not to give kids -- preexisting conditions it's that are good.
You you couldn't not blood out of Estonia had to charge more for the blood and the -- It happened it was covered in it is and that the argument is if you -- do it -- guests.
Those.
That the premiums won't go down.
-- it is so you might fizzle keep what you -- it sounds like a kind of -- -- that's argument in support of the law.
But I've actually heard that argument raised look it's happened it's done you can't take it back -- Well I disagree with that repeat.
Why couldn't she take it back quite couldn't from.
The law change why couldn't the law be removed completely.
There's nothing that says this is going to be it's not in the constitution that.
They haven't created a constitutional amendment for Health Care Reform so if they've passed this law could be on past the government could change its mind if you had different.
People in power.
-- a delicate health care plan was rammed down the throats of America it still doesn't test to -- popularly known -- -- that's the way it came across was done with.
A lot of backroom deals to to convince certain reluctance democratic senators to support -- so.
-- feel like it was a plan that doesn't have bipartisan support and it's a huge change in America.
And it's it's it's it's very radical change.
It wasn't done an incumbent popular fashion I don't like it I mean it's a good law.
Com -- that'll clear that it is a sense though that as the richest most powerful.
Country on the planet and that can be -- I -- And there's an obligation.
To provide.
Healthcare for -- -- -- it is disagree with on -- I do actually I don't feel like people have intrinsic rights to.
It's to health care order food or shelter or computer or automobiles.
Or anything else and people are responsible for themselves.
Now we can agree to helping each other.
And I think Americans are very generous and we do look to help people I just don't think it's the government's job.
To provide for that where guys don't think that's.
It's not in the declaration of independence is not in the constitution I don't feel like naturally the government's responsibility.
