Paul suggests Trump will take action on trade groups, insurance

Paul suggests Trump will take action on trade groups, insurance
© Keren Carrion

Sen. Rand PaulRandal (Rand) Howard PaulPaul predicts no Republicans will vote to convict Trump Graham on impeachment trial: 'End this crap as quickly as possible' Ocasio-Cortez accuses Rand Paul of taking climate change comments out of context, compares GOP agenda to 'Spaceballs' plot MORE (R-Ky.) told President Trump on Monday that he believes administrative action can be taken to let organizations, such as trade groups, band together to buy insurance.

“Well I just got off the phone with the president, and I think he and I both want to get something done,” Paul told reporters Monday. “What I'm talking to him about is that I think through executive action, I think he can legalize the health associations that I've been talking about.”

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Paul, for example, would like to let groups — such as AARP and the Chamber of Commerce — come together to buy health insurance and negotiate for lower costs. 

“Can you imagine the leverage you would get for drug prices and insurance prices if you were negotiating for 5 million people?” Paul said. 

“If you could legalize that, not only could it fix some of the problems that we are encountering in the individual market, there's 28 million people without insurance because it's too expensive. What if we forced the price down enough.” 

Critics of this idea argue it would hurt the state's ability to regulate health coverage and to clamp down on fraud. 

Paul's comments come just days after the Senate failed to pass a scaled-down ObamaCare repeal bill. 

Department of Health and Human Services Secretary Tom Price has consistently said that HHS would look to administrative action to change ObamaCare.