[Congressional Record Volume 142, Number 45 (Thursday, March 28, 1996)]
[House]
[Page H2970]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   THE TRUTH ABOUT THE SPEAKER'S REMARKS ON HCFA AND MEDICAL SAVINGS 
                                ACCOUNTS

  (Mr. WELDON of Florida asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. WELDON of Florida. Mr. Speaker, I rise to correct the Record. The 
Speaker of the House stated that he would like to see the Health Care 
Financing Administration, which is the big bureaucracy created by 
liberal Democrats in Washington that processes all the claims, he would 
like to see that wither on the vine, and the gentleman from Texas has 
misquoted the Speaker.
  I would also like to rise in support of medical savings accounts. One 
of the biggest reasons why we have terrible health care inflation in 
American is because the providers and the consumers, both the doctor 
and the patient, are not the ones picking up the tab, and in medical 
savings accounts, the patients suddenly become wise and discriminating 
consumers. Where medical savings accounts have been implemented, cost 
savings average 17 percent. A 17-percent reduction in our health care 
costs in this Nation would be a huge benefit to our economy, a huge 
benefit to our industries, and a huge benefit for our competitiveness 
in the international markets.

  It is good for consumers. Support the Republican health care bill.

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