Schumer calls Cruz healthcare amendment a 'hoax'

Schumer calls Cruz healthcare amendment a 'hoax'
© Greg Nash

Senate Minority Leader Charles Schumer (D-N.Y.) on Thursday called Sen. Ted CruzRafael (Ted) Edward CruzOvernight Energy: Oil giants meet with Trump at White House | Interior extends tenure of controversial land management chief | Oil prices tick up on hopes of Russia-Saudi deal Oil giants meet at White House amid talk of buying strategic reserves Florida sheriff asks for new leads in disappearance of Carole Baskin's former husband after Netflix's 'Tiger King' drops MORE's (R-Texas) amendment to the GOP healthcare plan “a hoax” that would increase the cost of healthcare.

“Make no mistake, the Cruz amendment is a hoax. Under the guise of lowering premiums, it makes healthcare more expensive because deductibles and copayments would be so onerous that many Americans would pay much more out of their pockets than they pay today,” Schumer said in a statement. 

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The amendment Cruz is proposing would allow insurance companies to offer any kind of plan, as long as at least one complies with the ObamaCare regulations. The objective of the amendment is for the plans that do not adhere to the ObamaCare rules to be cheaper.

Schumer, however, argued that individuals with pre-existing conditions would likely not have access to affordable healthcare, making the Senate legislation “worse than the House bill on this issue.”

Republican healthcare legislation to repeal and replace ObamaCare is currently stalled in the Senate. The GOP does not have enough votes to pass the legislation in its current form, with Cruz one of the Republican holdouts. No Democrat supports the current legislation.

“It’s a foolhardy trade to exchange lower premiums for far more expensive deductibles and copayments,” Schumer said.

“The only way to truly improve our nation’s health care system is for the Trump administration to stop sabotaging the marketplaces and for Republicans to finally heed Democrats’ requests to come together and work in a bipartisan way,” Schumer said.