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Ron Johnson: “The third party payer system is probably the greatest…”

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

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Discussion with Senator Ron Johnson on Prescription Drug Pricing and Economic Policies

Published | Video Starts at 02:55

… because you have third party payers, you don't have consumers who really care much about what they pay in general, they don't like paying the high insurance rates. They. But The third party payer system is probably the greatest assault on the free market that we have and has really driven up healthcare costs across the board, including pharmaceuticals. Yeah. And so when you look at basic economic principles, it's hard to predict what might happen because we don't have a pure market based system. (02:55–03:06)

CLAIM

Asserts that the third party payer system has significantly increased healthcare costs.

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