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John Barrasso: “Insurance companies have recorded record profits. Their…”

Featuring: John Barrasso, Republican | U.S. Senate Wyoming

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Barrasso: The Biden COVID Bonuses Are a Bad Prescription with Harmful Side Effects

Published | Video Starts at 07:53

Let's be very clear. The money from the Biden Covid bonuses. It'S never actually seen by the American people. It goes right from the Department of Treasury mainlined to the insurance companies. Insurance companies have recorded record profits. Their stocks are up 500 to 1000% since Obamacare became law. Democrats created a system where insurance companies profits are higher and they go higher and higher the higher the premium rise. So it's in their best interest to continue to raise premiums. (07:53–08:03)

CLAIM

Asserts that insurance companies' stocks have increased by 500 to 1000% since the enactment of Obamacare.

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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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