So I'm asking Congress to complete the work that we've started. Next, my plan would reduce your insurance premiums by stopping government payoffs to big insurance companies and sending that money directly to the people. Obamacare was designed to make insurance companies rich. I call it the Unaffordable Care act, with billions of dollars in taxpayer subsidies that help their stock prices skyrocket over 1,700%. As you paid more money for health care, every single year, more and more, the premiums went higher and higher. (02:20–02:35)
CLAIM
Asserts that Obamacare increased insurance companies' stock prices by over 1,700%.
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.
