The following article by Glenn Kessler was posted on the Washington Post website October 19, 2017:
The president misleadingly correlates insurance company’s rising stock prices to profits related to Obamacare, but they are not one in the same. (Meg Kelly/The Washington Post)
“We want the money to go to the people. We don’t want the money to go into the pockets. I have a list here where it talks about the insurance companies. … Anthem, big company, from the beginning of Obamacare, 270 percent increase in their stock price. Humana, 420 percent up. Aetna, 470 percent increase from Obamacare. Cigna, 480 percent increase since Obamacare. The insurance companies have absolutely taken advantage of this country and our people. And I stopped it by stopping the CSRs.”
— President Trump, responding to a question from Mike Sacks of E.W. Scripps, Oct. 17, 2017 Continue reading “President Trump’s false claim that insurance companies ‘have made a fortune’ from Obamacare”