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Obama wrong about health insurance profits

President Obama argues for health care reform during a prime-time press conference. President Obama argues for health care reform during a prime-time press conference.

President Obama argues for health care reform during a prime-time press conference.

Angie Drobnic Holan
By Angie Drobnic Holan July 23, 2009

With the debate over health care reform heating up, we checked a claim from President Barack Obama's news conference and an unusual one from Betsy McCaughey, chairman of the Committee to Reduce Infection Deaths and former lieutenant governor of New York.

We found Obama was wrong when he said in the news conference that health insurance companies are making record profits. He earns a False .

We found McCaughey was ridiculously wrong with her claim that the health bill "would make it mandatory — absolutely require — that every five years people in Medicare have a required counseling session that will tell them how to end their life sooner." That one earned a Pants on Fire .

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Obama wrong about health insurance profits