Trump says ‘enrichment’ of health insurers ‘must stop’

President Trump said on social media: “I am sorry that the American People are being terrorized by Democrats who have decided to shut the Government down to make me and other Republicans continue ObamaCare subsidies, which have been a windfall for Health Insurance Companies, and a DISASTER for the American People. The largest Health Insurance Companies have seen their Stock Prices soar (Some over 1000%!) since the passage of ObamaCare. Meanwhile, Americans’ Premiums have more than DOUBLED, contrary to President Obama’s promise. I believe that the money should go directly to THE PEOPLE to purchase better Healthcare, and create competition. This enrichment of Health Insurance companies must stop. It is long past time to lower Premiums, not enrich Insurance Companies. I stand ready to work with both Parties to solve this problem once the Government is open. Stop terrorizing the American People. Stop pushing failed policies!” Publicly traded companies in the health insurance space include CVS Health (CVS), Centene (CNC), Cigna (CI), Elevance Health (ELV), Humana (HUM), Molina Healthcare (MOH) and UnitedHealth (UNH).