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John Thune: “Insurance companies are benefiting enormously because they…”

Featuring: John Thune, Republican | Senate Majority Leader, South Dakota

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MSNBC EXCLUSIVE: Sen. Thune considers future vote on extending health care subsidies

Published | Video Starts at 02:07

So now you got people that are making five or six hundred thousand dollars a year that are eligible for, qualifying for and getting subsidies under this program. You also got Insurance companies are benefiting enormously because they get, they're incentivized to sign people up because the federal government is making direct payments to the insurance companies. They go out, auto enroll people. There are tons of People out there who have these policies who don't even know they're covered. So this is a program that's desperately in need of reform. (02:07–02:17)

CLAIM

Asserts that insurance companies benefit from federal payments incentivizing them to enroll people.

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