On the recordJune 5, 2019
Mr. President, before she leaves the floor, I want to tell my colleague from Wisconsin--and I think I speak for the distinguished Senator from Nevada as well--we are counting on our colleague from Wisconsin to come back to this floor again and again to try to pass her bill. I just want to tell her I will be with her every step of the way because I think, colleagues, without the bill from the distinguished Senator from Wisconsin, what we are looking at is a new golden age for scam artists peddling insurance that isn't worth much more than the paper it is written on. I was struck by my friend from Wisconsin's mentioning the old days of junk insurance. Well, I was around for those old days. I remember when the health insurance system in this country was basically for the healthy and wealthy. If you were healthy, no sweat, you could get insurance. If you were wealthy, you just went off and paid the bills. But the insurance companies could go out there and clobber people with preexisting conditions. So that was junk insurance. But I am even older than that. I remember when I was director of the Oregon Gray Panthers. I would go to a senior's house, and they would pull out a shoebox full of policies--10 or 15 policies. The distinguished Senator from Nevada, who has done so much consumer advocacy for consumers, I am sure knows about this challenge with seniors. These policies weren't worth the paper they were written on.…
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