And working together, it is my recollection this company is now providing the same comprehensive benefits to their employees as their competitors but at a savings of at least 20 percent in spite of the fact that they have built this building and paid 24 full-time people to run the program. Over and above the cost of the capital investment and the investment in personnel, they are still saving 20 percent on their health care costs.
Discussing a company's health care cost savings and employee benefits.
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We certainly are willing to accept the gentleman's amendment. It is a very thoughtful and important one.
But we need to do something better than the Senate position, and we certainly need to avoid the additional 2 percent cut that starts every year thereafter.
The gentlewoman from Oregon should know that with this prescription drug insurance plan Medicare recipients in Oregon who are covered will go from 60 percent up to 96.6 percent. This bill brings a benefit to Oregon.
I claim time to say we accept the amendment. It is a very thoughtful amendment and an important one, and we thank the gentleman from New York (Mr. Towns).
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