On Thursday, Paul introduced a bill, the Congressional Health Care for Seniors Act, which he said would save taxpayers $1 trillion in 10 years.

“My plan fixes the Medicare system and gives seniors access to the best health care plans enjoyed currently by members of Congress and does so without breaking the bank,” Paul said. “Seniors deserve to have a world-class health care system, and U.S. taxpayers deserve to have their hard-earned dollars put to better use, in a system that will not eventually bankrupt this country.”

Paul is a doctor and serves on the Senate Health, Education, Labor and Pension Committee.

Currently, Medicare is paying out more in benefits than it is taking in through taxes. Lawmakers have called for reform, but the two parties have failed to reach agreement on a solution.