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Michael Bennet: “Rates go up by 30%, by 40% in the individual insurance…”

Featuring: Michael Bennet, Democratic | U.S. Senate, Colorado

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Bennet Discusses Wildfires, Education Funding, Top Colorado Issues on Colorado Point of View

Published | Video Starts at 06:29

Well, let me say first of all that President Trump, the cuts that President Trump insisted on in Medicaid and our healthcare system were obvious before he passed them, and the effects were obvious before. So now we're seeing Rates go up by 30%, by 40% in the individual insurance market because of the way our healthcare system is connected. And the reason for that is the more cuts to Medicaid, the more people that are uninsured, the more people that are uninsured, the higher rates go for everybody else, whether on Medicaid or not. (06:29–06:39)

CLAIM

Asserts that individual insurance market rates are increasing by 30-40% due to healthcare system changes.

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