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Bernie Sanders: “Insurance companies make tens of millions of dollars. They…”

Featuring: Bernie Sanders, Independent | U.S. Senate, Vermont

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Rep. AOC and Senator Sanders Join CNN Town Hall to Discuss Republicans' Government Shutdown

Published | Video Starts at 56:42

Here's the good news. Drug companies last year charging us the highest prices in the world for prescription drugs made over $100 billion in profit. Insurance companies make tens of millions of dollars. They pay their CEOs 20, $30 million a year. The function of the American health care system, and Mr. Johnson is not going to address it, the function of this system is to guarantee huge profits for the drug … (56:42–56:49)

CLAIM

Asserts that insurance companies pay their CEOs $20-30 million annually.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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