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Transcripts For CSPAN2 Senate Republican Tax Reform Plan Part 4 20171122

33, corporate amendment 17. I will make a clear from the start nature of this amendment is to try to follow the advice about every witness who testified in this room back in september about how to stabilize that exchanges. Everyones said we should make clear that the cost sharing reduction which would set the cost of copays and adaptable, make it clear they are going away for at least two years. Number two they said put in place a Reinsurance Program for highly expensive patient care particular patients. Number three, they said we should retain in the individual mandate if we decide not to replace it with something thats as effective in getting a good mix of young and Healthy People to be part of the insurance pool within the exchanges. The legislation before as a purely repeals or proposes to repeal the individual mandate. That would leave us with costsharing reduction and no reinsurance. Instead of a three legged stool which is what was called for by governors, insurance commissioner

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