(CNSNews.com) - Sen. Rand Paul (R-Ky.) insists that Obamacare replacement should happen at the same time as repeal, and he's produced a replacement bill that will "give access to the most amount of people at the least amount of cost."
He said there will be no government mandate telling people they must have insurance or pay a penalty:
"So, one of the key reforms that we will do is, we're going to legalize the sale of inexpensive insurance. That means getting rid of the Obamacare mandates on what you can buy," Paul told CNN's "State of the Union."
"We are going to help people save through health savings accounts, as well as a tax credit," Paul continued. "And then one of the things that we need to talk more about -- and this is the third part of the replacement bill -- is, we're going to allow individuals to come together in associations to buy insurance."
Paul, an ophthalmologist, said he once employed four people at his doctor's office. "If one of my employees got cancer, it was devastating to the bottom line, not only to them, obviously, but to the bottom line of insurance.
"But there's no reason why someone with four employees shouldn't be able to join with hundreds and hundreds of other businesses that are small to become a large entity to get leverage to bring your prices down, but also to get insurance that can't cancel you and guarantees the issue of the insurance even if you get sick."
Paul said Obamacare failed because there were too many government mandates, which made it too expensive.