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Ron Johnson: “We spend about $3.2 trillion [on healthcare].”

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

Johnson Lays Out Health Care Information on CNN

Published August 10, 2017 | Video Starts at 00:35

Let's get through some of your big points. So this is the morning broccoli here, huh? Well, let's start with just the basic fact of what our healthcare system is. We spend about $3.2 trillion [on healthcare]. You know, the largest percentage is in hospitals, doctors and clinics, home care and nursing. That's about 2/3 of what we spend. Insurance, administration and drugs is about 20%. (00:35–00:37)

CLAIM

Asserts the total annual expenditure on healthcare in the U.S. is approximately $3.2 trillion.

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

“We think it's about $135 billion out of 3.2 trillion, 4.2% [is profit from drugs and insurance companies].”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 00:57-01:03
“Back in the 40s, 68 cents of every health care dollar was paid for by consumers.”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 02:37-02:42
“Today, a little over a dime. 11% now is paid for directly by the patient.”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 02:45-02:51
“Because of Obamacare...premiums increased 105% nationwide up to 476 [dollars].”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 04:52-04:58
“Tennessee...premiums tripled in Tennessee for a 40-year-old male non-expansion state from 104 to $431.”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 05:21-05:33
“Insurance, administration and drugs is about 20% [of healthcare spending].”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 00:44-00:48
“Obamacare is primarily Medicaid expansion for able-bodied, working-age childless adults.”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 01:40-01:43
“A very small slice, about 5% of the American population is on the individual market [under Obamacare].”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 01:54-02:01
“We had high risk pool in Wisconsin. Worked very well.”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 06:33-06:36
“Their premiums have doubled or tripled and the coverage cut in half.”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 07:10-07:14
“Because it was guaranteed issue and community rating that caused premiums on the national average. Double in Tennessee, triple.”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 07:36-07:42
“Start transitioning to something that works, which is what I'm going to use my committee for over the next few months to lay out these…”
Johnson Lays Out Health Care Information on CNN | Uploaded August 10, 2017 | 07:57-08:06