I think what everyone should be very happy about today is that what we are about to do here again... it is based on controlling the growth of entitlement programs in a variety of areas... We have not only enacted the savings that will preserve Medicare for 10 years, but at the same time we have also been able to offer a program that will give our senior citizens more choice on health care. Furthermore, it will permit physicians to group together to compete against insurance companies. We think that allowing physicians to be able to group together to compete against insurance companies will result in consumers having a leg up on the current process. I am delighted it happened. Furthermore, included in this is something that is controversial, but I want to commend the minority for not doing somersaults over this; it is the program to allow our senior citizens to have more choice by being able to purchase medical savings accounts in this product.
On the recordJune 25, 1997
Source
govinfo.govEditor's note · Context
Discussing budget savings and Medicare reforms during a House floor debate.
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