[Congressional Record Volume 150, Number 104 (Tuesday, September 7, 2004)]
[House]
[Page H6716]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HIKE IN MEDICARE PREMIUMS
(Mr. PALLONE asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. PALLONE. Mr. Speaker, last Thursday, President Bush promised in
his convention acceptance speech to honor America's seniors by giving
them immediate help. The very next day, his administration announced
the largest Medicare premium increase in the program's history.
This year most Medicare beneficiaries paid $66 a month for physician
services. Thanks to the President's action, these monthly premiums will
rise more than 17 percent, forcing seniors with tight incomes to fork
over about $78 per month.
Now, President Bush tried to blame the premium hike on rising health
care costs, but he ignores the fact that the Medicare bill he and
Republicans fought so hard to make law is also responsible for these
record increases. That is because the law gives insurers billions of
dollars as an enticement to keep seniors on their rolls.
Seniors deserve better than the treatment they are receiving from
President Bush and congressional Republicans. Democrats continue to
support a prescription drug law that would provide meaningful
assistance without forcing up Medicare premiums.
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