Remarks by President Trump in Listening Session with Health Insurance Company CEOs We just had a great meeting with the governors on the horrible effects that Obamacare is having. We’re going to change it and straighten it out, and make -- .........
PoliticalNews.me - Feb 28,2017 - Remarks by President Trump in Listening Session with Health Insurance Company CEOs
11:03 A.M. EST
THE PRESIDENT: You are the big ones. You are the biggest of the big, right? (Laughter.) That’s very impressive. Thank you for being here. We just had a great meeting with the governors on the horrible effects that Obamacare is having. We’re going to change it and straighten it out, and make -- we have a plan that’s going to be, I think, fantastic. It will be released fairly soon. We’ll be talking about it tomorrow night during the speech. But I think it’s going to be something special, and we’ll talk it about right here. I think we’ll get you on, and I think you’re going to like what you hear.
Again, thank you for being here. I want to thank also Secretary Tom Price who’s with us, and who’s doing a phenomenal job on a very complex subject, the subject of healthcare. He’s an advocate for the patients. Tom is all about the patients. That’s what he wants. He wants to have a great healthcare system.
Obamacare has been a disaster, and it’s only getting worse. Last year alone, Obamacare premiums increased by double digits. Since it has gone into effect, premiums are up by almost 100 percent in many areas. And I think that this year it’s going to be really the year that I’ve always predicted -- ’17 is going to be a catastrophic year for Obamacare, for payments. And you just take a look at what’s happening in various states like Arizona -- I believe it was up 116 percent; it’s going to be worse this year.
Obamacare forced providers to limit the plan options they offered to patients and caused them to drive prices way up. Now, a third of United States counties are down to one insurer, and the insurers are fleeing. You people know that better than anybody.
Since Obamacare went into effect, nearly half of the insurers are stopped and have stopped from participating in the Obamacare exchanges. It has gotten so bad that nearly 20 million Americans have chosen to pay the penalty, or received an exemption rather than buy insurance. That’s something that nobody has ever heard of or thought could happen, and they’re actually doing that rather than being forced to buy insurance.
We must work together to save Americans from Obamacare -- you people know that, and everyone knows that at this point -- to create more competition and to bring down the prices substantially. The chaos that Obamacare has created, and for which congressional Democrats -- and you see that -- are alone and responsible for requires swift action. I actually told the Republicans that if we did nothing, just do nothing for a two-year period, let Obamacare totally implode -- which it’s doing right now anyway -- that would be, from a political standpoint, the best thing we could do is to let it implode, and then