Mike Crapo: “Our plan would also provide funding for cost sharing…”

“When patients can control their own care, they seek the most appropriate treatment options for their individual circumstances, incentivizing care providers to compete for patients by improving prices and care outcomes. Our plan would also provide funding for cost sharing reduction payments which will reduce out of pocket costs for low income patients, save taxpayers money and get this, reduce premiums for benchmark Marketplace plans by 11%. Additionally, our bill would ensure federal health funding is spent for the benefit of Americans by strengthening citizenship verification requirements and discouraging states from providing taxpayer funded health care to those who are not legally here and are not citizens of the United States.” (07:29–07:46)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.