John Cornyn: “Insurance companies are really milking this cash cow by…”

“So people making well over half a million dollars a year are getting free health care courtesy of the American taxpayer. That's certainly not what was intended. Plus, Insurance companies are really milking this cash cow by threatening to raise premiums as much as 18%. Wall Street Journal has reported that employer based health care is going up 6 to 7%. To me, there's something terribly wrong with the fact that insurance companies are gouging the consumer and the federal government and demanding 18% increase.” (03:17–03:25)

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