Diane Watson: “as of now, Medicare does not cover the cost of prescription drugs. Approximately 10 million Medicare recipients…”

“as of now, Medicare does not cover the cost of prescription drugs. Approximately 10 million Medicare recipients nationwide lack any prescription drug coverage. I want Members to support the Democratic plan for strengthening Medicare. The Democratic plan uses the collective bargaining power of Medicare's 40 million beneficiaries to guarantee lower drug prices. Medicare contractors will compete for enrollees by negotiating discounts. Drug prices will be reduced for everyone by stopping big drug company patent abuses. Mr. Speaker, the plan the House adopts must lower the cost of drugs for all seniors. It must ensure senior coverage for all drugs their doctor prescribes. The plan should be an affordable and guaranteed Medicare drug benefit. It must not force seniors into HMOs or predatory private insurance. The Democratic proposal addresses each of these points. Mr. Speaker, the Democratic plan guarantees choice on prescription drugs. I urge my colleagues to honor our seniors.”