On the recordNovember 7, 2025
Thank you for the questions, and let me just respond very quickly. I think the beauty of what I am proposing is it fits in very nicely with the insurance markets as they currently are. It doesn't require anything to change between now and January 1. It is too late to change those plans and those rates. It is just too late. This does not require those rates to change. This would be something which could benefit our fellow Americans next year and could be implemented by then. Yes, the bureaucracy is going to have to work hard. President Trump can get them to work hard. You mentioned several other reforms. I am in total agreement. We should be working together--Democrats and Republicans, that is what we need do to get something done--in order to come together for a set of proposals that will lower healthcare costs. And both as a member of the Committee on Finance as well as the chairman of the HELP Committee, it is my intent do that. We have got to do that. But this can work this year for Americans who are going to be on the exchanges, and that is my hope.
Source
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