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Robert F. Kennedy Jr.: “Obamacare was passed after, in the years after Obamacare was…”

Featuring: Robert F. Kennedy Jr., Independent | United States Secretary of Health and Human Services | National

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LIVE: HHS Sec. RFK Jr. testifies on Trump administration agenda

Published | Video Starts at 2:08:14

That's what we need. We need outcome based care. You need more HSAs. President Trump wants to take the money away from the insurance company. And so Obamacare was passed after, in the years after Obamacare was passed, the share price of the insurance companies, the share value went up 1000%. It's still up 300% compared to about 150% for the S&P 500. And so they are making money hand over fist. And the American people who were supposed to benefit, their premiums have not gone down. (2:08:14–2:08:25)

CLAIM

Asserts that insurance companies' share prices increased by 1000% after Obamacare was passed.

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