Brian Schatz: “The average increase is going to be 114%.”

“This is not a talking point. This is not an allegation. This is literally what's happening. And 40%, you should be lucky. If it's a 40% increase, The average increase is going to be 114%. And so the time to solve this problem is now. Open enrollment is now. Letters are going out now. Now some insurance companies are sending out letters saying your rates are increasing, but we're not sure by how much.” (00:46–00:51)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.