[Congressional Record Volume 144, Number 6 (Wednesday, February 4, 1998)]
[House]
[Pages H302-H303]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
STOP MEDICARE OVERPAYMENT ACT
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Arkansas (Mr. Berry) is recognized for 5 minutes.
Mr. BERRY. Mr. Speaker, I rise to request my colleagues' support for
legislation I introduced yesterday to save the Medicare program almost
half a billion dollars a year in unnecessary overpayments for
prescription drugs.
As the only pharmacist in the 105th Congress, let me first state that
the price of these drugs is not due to the family pharmacist. The high
price is set by the pharmaceutical manufacturers.
Making the situation even worse, under current Medicare law, the
program reimburses doctors who prescribe covered drugs for 95 percent
of the ``sticker price'' quoted by pharmaceutical manufacturers, rather
than the actual cost to the doctor of acquiring the drug.
Furthermore, Medicare pays doctors for the cost of their expenses,
overhead, consultation time, and for administering the drugs under the
practice expense system, not to mention the close to $7 billion that
Medicare spends each year to educate our Nation's doctors.
A recent analysis by the Department of Health and Human Services
Inspector General shows that Medicare is wasting millions each year
under the current system, $447 million alone in 1996.
Our patients deserve better. The Stop Medicare Overpayment Act, based
on the President's fiscal year 1999 budget and included in a
comprehensive antifraud proposal introduced by the gentleman from
California (Mr. Stark) last year, will go a long way toward
establishing a fair and adequate payment system.
The Stop Medicare Overpayment Act is simple: Reimburse the doctors
for what they paid for the drug. They already get paid for their office
overhead, dispensation and ``professional services'' through the
Medicare system. Why allow a small group of persons to reap a $447
million windfall benefit each year?
Seventy-five percent of the cost of these overpayments are coming
directly out of the taxpayers' wallet. Twenty-five percent come
directly from senior citizens who are forced to pay a higher Part B
premium.
My legislation will go a long way toward ending these overpayments.
Unfortunately, it will not do anything to address the root of this
problem: the high cost of prescription drugs charged by pharmaceutical
companies.
It is indeed unfortunate that here in the world's richest nation our
seniors should be forced to choose between buying food or buying
prescription drugs and that our pharmacies should be discriminated
against by drug manufacturers.
As Congress considers ways in which to reduce the $23 billion in
Medicare fraud and abuse, my legislation should be first on the list.
It is a sensible, responsible, and prudent approach to rein in
unnecessary Medicare costs.
I urge my colleagues to join me in support of this important
initiative.
[[Page H303]]
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Connecticut (Mr. Shays) is recognized for 5 minutes.
(Mr. SHAYS addressed the House. His remarks will appear hereafter in
the Extensions of Remarks.)
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