Frank Pallone actually said...

"I mean, I agree, you know, many people, you know, from what I can see end up buying these junk plans and then have no idea of the lack of coverage."

"Reinsurance pays for the costs of people with serious medical conditions whose healthcare costs are significantly higher than the average person."

"In my State of New Jersey, former Governor Chris Christie in 2012 vetoed a bill to establish a State-based marketplace for the residents of New Jersey."

"There is bipartisan consensus that reinsurance is effective in bringing down costs for middle-class consumers."