That, Mr. President, is how this program is structured. And that, Mr. President, is why it is never going to reduce costs. Insurance companies are incentivized to increase premiums. Businesses are incentivized to push people out of their marketplace into the individual marketplace where the taxpayers will subsidize the premiums. the cost of health care. And then what you get is a dramatic run up in health care cost, an explosion in health care costs. (14:47–14:57)
CLAIM
Asserts that businesses are incentivized to move people to taxpayer-subsidized individual marketplaces.
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.
