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Trump Slams Insurance Industry, Accuses Democrats of Protecting Corporate Profits

  Donald Trump at Trump Force One Trump Slams Insurance Industry, Accuses Democrats of Protecting Corporate Profits President Donald Trump on Thursday renewed his criticism of the U.S. health insurance industry, accusing major insurers of profiting at the expense of American families and branding Democrats as the party aligned with “big, rich insurance.” Speaking to reporters, Trump argued that billions of dollars in federal healthcare subsidies are funneled through insurance companies rather than directly benefiting patients. He said the current system allows insurers to reap record profits while consumers face rising premiums, deductibles, and out-of-pocket costs. “Insurance companies are ripping off America,” Trump said, adding that healthcare funding should go “directly to the people” so individuals can choose and purchase coverage that best fits their needs. The president also took aim at the Affordable Care Act, commonly known as Obamacare, claiming the law entrenched the pow...

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