RFK Jr.: Health Insurance Stocks Rose 1,000% After Obamacare — "The Money Was Not Going to Americans"

The HHS secretary says the ACA funneled money to insurers, not patients.

RFK Jr. claims that health insurance companies' stocks rose about 1,000% after Obamacare (ACA) passed in 2010, arguing the law directed money to insurers rather than directly benefiting Americans.

In the hearing clip, he contends the Democratic policy enriched insurers while costs kept climbing for families.

"THE MONEY WAS NOT GOING TO AMERICANS. IT WAS GOING TO THEM."