For my money, I will trust the private enterprise employee who works for that prescription drug plan who is negotiating with the drug companies to get the lowest price in order to be able to lower premiums to the Medicare beneficiary that is going to be paying those premiums. That system is working. If H.R. 4 passes today, we will substitute for that free market negotiator a career bureaucrat who keeps their job no matter what happens with respect to the price of drugs. H.R. 4 is a flawed solution to a problem that doesn't exist. I urge my colleagues to vote against it.
Mike Conaway: “For my money, I will trust the private enterprise employee who works for that prescription drug plan who is negotiating…”
On the recordJanuary 12, 2007
Source
govinfo.govEditor's note · Context
Opposing H.R. 4 during a House debate on Medicare and prescription drug pricing.
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