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Kathy Hochul: “We're putting a cap on what insurance executives can make in…”

Featuring: Kathy Hochul, Democratic | Governor of New York

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Governor Hochul Announces Major Rochester Investments and Highlights Affordability Agenda

Published | Video Starts at 13:40

So I'm really proud of that. People said it'd be impossible to do and we were able to be successful in that as well. So we took care of that. But also We're putting a cap on what insurance executives can make in terms of their profits related to what they're charging. So let's get them under control. A cap on their profits, I should say. But also, it's not just that I'm trying to just drive down costs. (13:40–13:47)

CLAIM

Asserts that there is a cap being placed on insurance executives' profits related to their charges.

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.


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