Jim McDermott: “So it is really preserving the private sector in the health care issue?”

We are trying to figure out where we are going as a country and how we can turn our investments and innovation into sustainable models moving forward.

Last year, we came together with MACRA. That landmark reform repealed the SGR and already started the process of transforming how we try to pay physicians under Medicare.

A strong Medicare doesn't mean we turn the program over to the insurance industry, and it doesn't mean we shift more costs on to the beneficiaries.

Let me take an example, because we hear a lot of examples given up here.