On the recordJune 27, 1996
I think it is interesting to, first, understand why this bill is being held up. It is being held up--at least the reason given that it is being held up--because there is an objection to the concept about the proposal known as medical savings accounts. Now, I have had town meetings about medical savings accounts ever since I first introduced a medical savings account bill. I was the first Member of the House to do so in January 1992. I had been holding town meetings in the Pittsburgh area when I was a Congressman, as well as across Pennsylvania. I consistently find one thing--most people do not know what medical savings accounts are. The few that do, when I ask them to explain them, usually do not do a very good job explaining what they are. Let us explain what is the big holdup here. Why are medical savings accounts so bad? What do they threaten? What damage can they do? How will they disrupt the health care system? Why is this such a horrible thing that we can hold up what most Members--in fact, I think all Members--would like to see done and believe needs to be done to help the current system be better. That is what the Kassebaum- Kennedy bill does. It improves the current system of health care delivery in the private market health insurance system.
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