Senate Minority Leader Chuck Schumer called Sen. Ted Cruz's amendment to the Senate healthcare bill a "hoax" that would only make healthcare more expensive for many Americans.

The amendment by Cruz, R-Texas, would allow insurance companies to sell healthcare plans that are not compliant with the Affordable Care Act as long as they make one plan available that qualifies under the current law. Cruz said his goal is lower premiums, but Schumer, D-N.Y., countered that many would pay instead through more expensive deductibles and copayments.

"Make no mistake, the Cruz amendment is a hoax," Schumer said in a statement Thursday. "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. It's a foolhardy trade to exchange lower premiums for far more expensive deductibles and copayments."

"In addition, Americans with pre-existing conditions will almost certainly be left without access to affordable and quality healthcare, making this even worse than the House bill on this issue," Schumer continued.

The Senate Democratic leader reiterated his call for Republicans to work together with Democrats to fix the healthcare system. President Trump said that Schumer "doesn't seem like a serious person" with his call to bipartisanship.

Schumer has called for all 100 senators to join Trump at Blair House to engage in discussions over healthcare after they return from the July Fourth recess. Republicans remain set on working on their own bill.