On the recordSeptember 24, 2013
I thank the Senator. An econometric firm and others have studied what is likely to happen in our economy. As I understand it, they predict that far more people will be dumped from coverage into the exchanges than they have today. So people who are under health care coverage today--it is being paid for by their employer. The employer discovers it would be less expensive to quit providing health care coverage and let those individuals go into the exchange, and they may or may not provide any subsidy to them. So I do think the extent to which we as Senators go into the exchange and are guaranteed the full subsidy we have been getting--that is different from what is going to happen to millions of Americans. I guess the Senator maybe has heard that argument and how it is possible that if businesses decide to drop health care, individuals can then be forced to go into the exchange without any subsidy at all. I would ask Senator Cruz if he understands that is possibly what could happen to large numbers of Americans.
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