[Congressional Record Volume 146, Number 118 (Thursday, September 28, 2000)]
[House]
[Pages H8410-H8411]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PRESCRIPTION DRUG BENEFIT
(Ms. WOOLSEY asked and was given permission to address the House for
1 minute and to revise and extend her remarks.)
Ms. WOOLSEY. Madam Speaker, many, many of our seniors must choose
between buying food and buying medicine every day and every week of
their lives, and we know that that is not right. But what are we doing
about it? What are we doing in this Congress as we come to the end of
the 106th Congress?
My Republican colleagues would suggest that private insurance
companies take over this issue, but from 1995 to 1999 this country has
doubled what is spent on prescription drugs, from $65 billion a year to
$125 billion a year.
Prescriptions are a fact of life. Do we really believe that private
insurers are willing to take on the burden of 18 prescription drugs on
average per year for a senior citizen? Of course not. If it
[[Page H8411]]
were at all profitable, private insurers would already be all over this
market.
Instead, we need to expand Medicare. We need to include the
guaranteed prescription drug benefits through a good program that has
been working for us for 30 years.
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