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Ron Johnson: “Obamacare set the maximum insurance companies can make at…”

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

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The First Tell: Senator Ron Johnson on What Broke the COVID Narrative | Ep 1

Published | Video Starts at 19:48

We have third party Payer systems, nobody knows what anything costs. Every incentive, every incentive in our current health care system is to increase costs because everybody's making a percentage. I mean Obamacare set the maximum insurance companies can make at 15%. 85% has got to be paid for medical expenses. So if an insurance company wants to make more dollars in profit, the only thing you can do is, you know, … (19:48–19:54)

CLAIM

Asserts that the Affordable Care Act limits insurance company profits to 15%.

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