John Cornyn: “Roughly 40% of those fully subsidized by the Biden era Covid…”

“In 2024, there were approximately 12 million Affordable Care act marketplace enrollees who made zero medical claims, a highly unusual circumstance. 12 million no claims. Roughly 40% of those fully subsidized by the Biden era Covid credits made zero claims. meaning that these insurance companies received these very generous subsidies but incurred zero costs. Since 2021, the cost taxpayers have incurred to subsidize Obamacare plans has increased a staggering 150%.” (11:38–11:45)

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.