There were statements made earlier that there were no cost savings in this bill, by a former speaker. There are cost savings. There is group purchasing and insurance benefits, a 25 to 30 percent savings. There is a discount card, 15 to 20 percent savings. There is a Medicare best price, $18 billion in savings. Average wholesale price reform, $15 billion in savings. There is Hatch-Waxman reforms and reimportation reforms, all generating savings. And that is how we are able to expand and generate better treatment for seniors through the upcoming years.
Deborah Pryce: “There were statements made earlier that there were no cost savings in this bill, by a former speaker. There are cost…”
Editor's note · Context
Discussing cost savings in a healthcare bill during a House floor debate.
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I am not in need of any further time, and I thank the chairman for his understanding of these issues.





