Vern Buchanan: “I thank the chairman for his leadership, as well. I rise today in strong support of my bill, the Chronic Disease…”

“I thank the chairman for his leadership, as well. I rise today in strong support of my bill, the Chronic Disease Flexible Coverage Act. This important legislation will expand treatment options for Americans living with chronic diseases provided through their employer's healthcare coverage. My bill allows employers to offer predeductibility on 14 different chronic diseases, especially for those who are on high deductible health plans. With 6 in 10 Americans living with at least one chronic disease, it is clear to me that we need to have many more options. The cost for chronic diseases in the American economy is enormous, accounting for over $1 trillion a year, if you can imagine that. Chronic disease also accounts for the overwhelming percentages of preventable deaths in the United States. I believe this initiative will improve patients' health, also reducing costly hospitalizations. Mr. Speaker, I thank my good friend, Congressman Panetta, for his leadership and friendship. I really appreciate his working with me on this. I also thank Leader Scalise and Whip Emmer for bringing this to the floor today. I urge my colleagues to support this commonsense bill to help give Americans the tools they need for a longer, healthier, and happier life.”