On the recordNovember 4, 2025
I am proud to begin a series of speakers and to be leading off this bloc of colleagues who are going to talk about an issue that is so much on our minds these days, and actually healthcare is always on our minds. There is a saying: If you don't have your health, you don't have anything. And we are all touched at one point or another in our lives by a healthcare challenge, which is a euphemism for some kind of sickness or illness or condition-- whether it is ourselves or someone in our family--and, inevitably, at some point in our lives, ourselves as the victims of a healthcare crisis. It is only a question of when. So the reason we have healthcare insurance is because it is only a question of when. We or someone in our family will be struck by an illness that is catastrophic. It is catastrophic in the pain and suffering, the emotional turmoil it can cause. And it is also catastrophic for so many people in the financial impact and sometimes ruin it portends. That is the reason that healthcare costs are the major cause, the predominant cause, of bankruptcy in this country. Crushing medical debt is not only crippling to those individuals financially whom it impacts but to our entire economy. It is a vulnerability to all of us.…
Source
govinfo.gov




