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Pat Kreitlow: “When Congress and Trump cut those Affordable Care Act…”

Featuring: Pat Kreitlow, Democratic | Former Candidate, U.S. House Wisconsin, District 7

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Wisconsin Politics Group Chat: The Sara Rodriguez Campaign Finance Crisis

Published | Video Starts at 46:51

Yes, back to healthcare for a second. Hca, which is the largest for profit hospital operator in the US is warning that it's its earnings are going to be sharply lower because apparently When Congress and Trump cut those Affordable Care Act subsidies, a whole lot of people went without health insurance. And uncompensated care is rising. Now ACA stock price is at 12 times earnings. Okay. Their operating margin is 16%. They're not hurting, but they do carry $47 billion in debt currently. (46:51–46:59)

CLAIM

Asserts that cuts to ACA subsidies led to many losing health insurance.

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