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Ron Johnson: “Insurance markets are literally collapsing under Obamacare.”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

Sen. Johnson on CNN's New Day

Published July 27, 2017 | Video Starts at 02:00

I think within two meetings, I saw the wide spectrum of opinion within the Republican conference trying to fix this mess that is Obamacare. And so my suggestion was let's break this into two parts. Let's pass something to stabilize the Insurance markets are literally collapsing under Obamacare. That was my counsel two months ago. Unfortunately, we didn't do that yet, but that's the minimum thing we have to do. (02:00–02:08)

CLAIM

Asserts that insurance markets are collapsing due to Obamacare.

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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Ron Johnson

“Premiums have doubled under Obamacare.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 02:34-02:37
“Premiums on the individual market have doubled, in some places tripled.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 05:07-05:12
“About 20 million people, of that about 10 million are in individual market.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 05:42-05:47
“More than half of those already had insurance.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 05:47-05:50
“Close to, I think 16 million on Medicaid. Half of those already qualified for Medicaid.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 05:51-05:56
“The decision was made to do this through reconciliation.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 00:45-00:48
“Leadership will write a bill.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 00:58-01:00
“I personally think that pass or holding a vote on this next week would definitely be rushed.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 01:08-01:15
“The purpose of the working group isn't to actually write the bill.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 01:43-01:46
“The House passed their bill. That's been out in the public domain.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 03:28-03:32
“Obamacare is primarily addressing the individual market.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 05:35-05:39
“In the 40s it was 68 cents. In the 60s, 48 cents. Now it's 10.”
Sen. Johnson on CNN's New Day | Uploaded July 27, 2017 | 06:29-06:34