On the recordAugust 2, 1996
I want to say this is a great bill, the bill we are going to pass today. I just want to make one reminder again to those who oppose the bill that I sent to the desk. There are some representing the business and insurance who say they do not want any mandates. What is the bill we are passing today? Is it not a mandate? Of course it is a mandate. Let me tell you, nobody is even talking about the cost anymore because it is so right. But it will cost a lot more than what that little bill Domenici sent to the desk will cost. To spread the risk of preexisting conditions is going to cost a lot of money, but we think it is the right thing to do. Somehow they do too, the business community and the insurance community.
Said by
Pete Domenici
Source
govinfo.gov