the prescription drug bill we are introducing today is straightforward. It is easily distinguishable from the Republican bill introduced last week. There is no fine print in our bill. There are no holes in our prescription drug coverage. There are no question marks where the premium and cost-sharing requirements should be. The availability of coverage does not hinge on the Federal Government, unlike the Republican plan, showering the insurance industry with tax dollars so they will offer stand-alone drug plans. One of the strongest points of the Democratic plan is that it is not endorsed by the drug industry. That is because we hold down drug costs by bringing down drug prices, not by shortchanging seniors on coverage. Our bill creates a drug coverage option for Medicare beneficiaries that is affordable, it is reliable, and I emphasize is at least as generous as the coverage available to Members of Congress. Our bill strengthens Medicare, rather than snubbing it. It minimizes the hassle involved in getting drug benefits. We add the drug coverage option to the Medicare benefits package. Seniors are not forced to go outside of Medicare and enroll in an insurance company HMO to get their drug benefits as they are required to do under the Republican plan. Our bill takes action against inflated drug prices on behalf of every senior and every American consumer.
Editor's note · Context
Discussing the Democratic prescription drug bill in comparison to the Republican plan.
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