[Congressional Record Volume 140, Number 63 (Thursday, May 19, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: May 19, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                            COST CONTAINMENT

  (Mr. OLVER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. OLVER. Mr. Speaker, health care costs are out of control.
  Americans will spend nearly $4000 this year on health care.
  Their employers spend 12 percent of payroll on health care.
  And more than 14 percent of our GDP--$1 trillion--is spent on health 
care.
  Mr. Speaker, these spiraling costs are bleeding our companies and 
breaking the financial back for our citizens and our companies.
  As health care reform moves through the various committees, we must 
mount a real attack on these staggering costs.
  The health care our people receive should be based on their need, not 
on their ability to pay.
  I hope, Mr. Speaker, that when health care reform reaches the floor 
later this year, we will have an opportunity to vote on the single 
payer system, which offers the toughest possible measures for 
controlling these spiralling health care costs.

                          ____________________