… cover it, but then the insurance company would turn around and ask you to cover it again for the rest of the drug cost. That was called the donut hole. We closed [the donut hole] under Biden. We said, no, no, no, no. If you're an insurance company, the whole deal here is when someone's healthy, they're paying you premiums, but when they're sick, you pay for their medicine. (40:33–40:35)
CLAIM
Asserts that the Medicare "donut hole" was closed under President Biden's administration.
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.
