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Tom Cole: “Our individual rates are going up 69% on the Obamacare…”

Featuring: Tom Cole, Republican | U.S. House Oklahoma, 4th Congressional District

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Cole on Congress with guest Rep. John Moolenaar

Published | Video Starts at 07:24

I mean we, we're not a Medicaid expansion state. So our hospitals are taking care of population that in other states you're compensated for. They're not. Our individual rates are going up 69% on the Obamacare exchange and there's only a single provider left in the state. I would say thank God for Blue Cross and Blue Shield because they're losing money. I mean they are in there providing a service and actually losing money as they do it. (07:24–07:33)

CLAIM

Asserts that individual insurance rates have increased by 69% and there is only one provider left.

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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