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Rand Paul: “As we've expanded Obamacare subsidies, premiums have…”

Featuring: Rand Paul, Republican | U.S. Senate from Kentucky

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Sens Kaine and Paul Discuss Trump's Dangerous Foreign Policy, Gov. Shutdown, & Health Care Increases

Published | Video Starts at 07:52

So we are dealing with these issues where taxpayers are really wholly subsidizing. Almost these entire premiums are large, up to 80% of them. So As we've expanded Obamacare subsidies, premiums have continued to rise and big insurance has gotten richer. and richer and richer. Everybody agrees there's a problem. I agree with Senator Kaine. There's a problem in health insurance, particularly in the individual market, the small businesses. (07:52–08:02)

CLAIM

Asserts that expanding Obamacare subsidies has led to rising premiums and increased wealth for insurance companies.

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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