On the recordApril 30, 1997
It is kind of amazing to think that existing law does not allow hospitals and doctors to compete with the insurance industry in this very, you know, important effort of providing the best health care, and one thing I want to express some gratitude for: The President did veto our Medicare reform legislation. It was the election year, and it got caught up in that, sadly. But the bill that he submitted in terms of how it is what he wanted to budget on Medicare, a lot of the parts to the legislation were really taken out of our bill that he vetoed. Just in making reference to the very example you are talking now, allowing the private sector to compete with the insurance industry.
Source
govinfo.gov




