When Medicare was put in place some 50 years ago, a critical decision was made by the medical association in order to have them join in the effort, and they demanded that they be paid their usual and customary fees, and we, on this Committee, have been, since that time, trying to get back the keys to the Treasury.
McDermott discusses historical challenges in Medicare payment systems.
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In my opinion, it could be one of the most important hearings we have held during my time as ranking member on the subcommittee.
Innovation will be central to our efforts to address rising healthcare costs.
At its core, Medicare is a fulfillment of a commitment to the health security of the American people.
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.
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