On the recordJuly 27, 2000
today is a cause for celebration. H.R. 4040 is a testament to how good process can lead to good results for the people we serve. Commitment, bipartisanship and hard work on the part of the gentleman from Florida (Mr. Scarborough), the gentleman from California (Mr. Waxman), the gentlewoman from the District of Columbia (Ms. Norton), the gentleman from Maine (Mr. Allen) and the gentlewoman from Maryland (Mrs. Morella), our congressional staff, the Office of Personnel Management, and the long-term care industry culminated in H.R. 4040, the Long-term Care Security Act. I am pleased that the framework proposed in H.R. 110, my long-term care proposal, allowing OPM to contract with a single carrier or consortia to provide long-term care insurance to Federal employees in permitting OPM to negotiate premiums and benefits on behalf of Federal employees is adopted in H.R. 4040. This employer group model will allow Federal employees to realize from 15 percent to 20 percent in premium savings.
Source
govinfo.gov




