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Tom Barrett: “We've seen the profitability of these health insurance…”

Featuring: Tom Barrett, Republican | U.S. House, Michigan, District 7

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Healthy America Speaker Series with Secretary Kennedy and Congressman Tom Barrett

Published | Video Starts at 50:00

I introduced a bill, the Patient Over Profits act, that would increase the medical loss ratio, which is a, you know, bureaucratic speak term for how much of your healthcare premium actually gets paid out in health claims by health insurance companies. We've seen the profitability of these health insurance companies just hit absolutely astronomic levels through all the subsidies that they've received through federal government. through all these different programs, things that the Trump administration. What we're trying to correct in Congress is making sure that we're putting patients in control of your own health … (50:00–50:10)

CLAIM

Asserts that health insurance companies' profitability has reached high levels due to federal subsidies.

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