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Ted Cruz: “Health insurance corporations, their stock prices have…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Published | Video Starts at 12:47

And that was the Democrats solution to that is give $50 billion in subsidies from the taxpayers straight to giant health insurance corporations. It's just corporate welfare. And mind you, these Health insurance corporations, their stock prices have increased in some instances more than 1,000% since Obamacare was signed into law. The executives that are running these companies are making tens of millions of dollars in salary. Their stock has increased, presumably if they had stock that whole time, their stock has increased hundreds of percent, if not more than 1,000%. (12:47–12:58)

CLAIM

Asserts that health insurance companies' stock prices have increased over 1,000% since Obamacare's enactment.

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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