On the recordJuly 27, 2000
I do want to celebrate this time when we in this House accept this bill, H.R. 4040, as amended, and send it back for the clarification from the Senate. This long-term care insurance bill has taken a lot of time. It has been long term, but it has been worth it. I introduced legislation; my colleagues introduced legislation. We all worked together on it. The legislation I introduced was H.R. 1111, and it included not only Federal employees and annuitants, but it included also the military employees and retirees, which made the pool 20 million, which will allow OPM, the Office of Personnel Management, to be able to negotiate to get the very best plan that will have consumer protections and will also have choices within it. We hope that the premiums would be reduced 15 percent to 20 percent, and people will be able to plan for their futures through this bill.
Source
govinfo.gov
