On the recordJune 30, 1995
hurry, hurry, hurry. Let us get this bill through. Let us get it through before the facts are in. Let us get it in before it shows that this package for Medicare Select is in fact going to cost Medicare or the taxpayers more. Hurry, hurry, hurry. Let us get it through before it shows that the senior citizen recipients of Medicare are not going to get the option to move from policy to policy on their health insurance packages which would supplement their Medicare policies; and hurry, hurry, hurry, before it comes out that a policy which costs about $870 is going to go up to something like about $2,300 by the time you get to 85, if you buy it for $870 at age 67. Mr. Speaker, let us get this thing through before the people find out what we are about. That is what my Republican colleagues are saying. That is what is at issue today. What is good legislative practice and good legislation? It requires that we should wait and find out what the facts are. The information is already out. Medicare select is costing on the average 17 rac{1}{2} percent more. That means that Medicare select is going to cost the Medicare trust fund 17 rac{1}{2} percent more. It is going to trap senior citizens in policies on supplemental benefits that will not be able to be carried to new insurers because of preexisting conditions. Costs are going to go up.…
Source
govinfo.gov




