[Congressional Record Volume 152, Number 127 (Monday, November 13, 2006)]
[Senate]
[Pages S10860-S10861]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MEDICARE ENHANCEMENTS FOR NEEDED DRUGS ACT
Mr. WYDEN. Mr. President, a new public opinion poll shows that
Americans are particularly concerned about the restriction that keeps
Medicare from bargaining to hold down the costs of the medicine older
people purchase.
In fact, a new poll yesterday indicated 93 percent of the American
people want this restriction lifted--and for obvious reasons. The fact
of the matter is, millions of older people simply cannot pay their
skyrocketing prescription drug bills and they want to know why the
Government isn't doing more to contain these costs.
Fortunately, we have been able to make a little bit of headway on
this issue in the Senate. Senator Snowe and I, in particular, earlier
this year, got the support of 54 Senators, a majority of the Senate, to
lift this restriction and take stronger action to hold down the cost of
medicine.
Medicare is sort of like the guy going to Costco buying toilet paper
one roll at a time. The Government is not acting like a smart shopper.
The Government is not taking practical steps like everyone in
Tennessee, Oregon, Iowa, or anywhere else, to use bargaining power to
hold down the cost of this essential for older people, prescription
drugs.
We have made a bit of headway. I have been particularly pleased the
distinguished Senator from Nevada, Mr. Reid, made it clear this would
be a top priority for the Senate to take up when we begin our work
early next year.
Given that and in hopes that the Senate can come together on a
bipartisan basis--and I believe the approach Senator Snowe and I have
been taking for the past 3 years can now get over 60 votes in the
Senate--I take a few minutes tonight to outline a bit as to how it
would work if this restriction was lifted and Medicare could genuinely
act to hold down the cost of medicine.
So let's start with the example of a new drug coming out on the
market for cancer, and it is an expensive drug. Let's say this drug
that many seniors will need will cost $100,000. At present, each of the
plans that offers the prescription drug benefit has to negotiate for
the few people in each of those plans who might need the new drug.
If the legislation Senator Snowe and I have been advocating became
law, the Secretary could negotiate on behalf of all the people in the
Medicare private plans who need the drug. That way, there would be new
leverage for older people in the private marketplace to hold down the
cost of medicine. If you had a small number of people in a private
plan, say, in Tennessee, and a small number of people in a private plan
in Oregon, and a small number of people in a private plan in Iowa, the
Secretary could negotiate on behalf of all of those people in
Medicare's private plans. That could mean real savings to folks in
Tennessee and folks in Oregon and folks elsewhere who right now do not
have a lot of leverage in the private marketplace.
Now, think about the implications of this proposal. Nobody is talking
about price controls. Nobody is talking about a one-size-fits-all run-
from-Washington, DC, approach that would freeze innovation.
I know the distinguished Senator from Tennessee has been particularly
interested, as I have, in taking approaches that promote innovation in
the science and biomedical fields. What I have just described, which is
something that could be done under the approach Senator Snowe and I
have been advocating, will not freeze research, will not freeze
innovation, but will make darn sure the senior citizens of this country
and the taxpayers of this country have a new opportunity to hold down
the cost of medicine and also protect the wallets of our taxpayers.
Let me give another example of how this approach can contain the
costs of medicine. Let's say we have an older person in Portland, OR,
or Miami or New York. They are in a metropolitan area, and in the
metropolitan area they may have a choice of major plans because a lot
of folks are vying to get a part of the ``big city'' market with a lot
of older people. So let's say one of the seniors is in an HMO, a health
maintenance organization, or they are in something called a PPO, a
preferred provider organization, or maybe they are in a drug-only
private plan. All of those private entities may be looking for ways to
hold down the costs, but if one of those private plans does not get the
same deal the other big private buyers get, then one of those plans can
ask Medicare to step in at that point. In effect, one of those private
plans that is not getting a fair shake in the marketplace can say to
Medicare: Hey, look, we are not getting a very good deal when it comes
to negotiating for our seniors. At that point, Medicare could step in
and say: We are going to assist in that kind of bargaining process.
I happen to think just the fact Medicare is in a position to have
that leverage--if the private marketplace is not willing to bargain
seriously, is not willing to negotiate seriously--just the fact there
would be that kind of leverage for Medicare can help to be a force to
contain the cost of medicine for older people.
So here again I have cited an example of how you can hold down the
cost of medicine without price controls, without national formularies
and approaches that could constrain innovation, just by using plain old
common sense and bargaining power, the way every business does in North
Carolina, Tennessee, and across the country.
Now, finally, it seems to me we ought to be thinking about the fact
that with many older people, they will have a private retirement
package as well. So a lot of those seniors are concerned about their
overall health care bill, knowing they are going to get some help from
Medicare and some help from a private health package as well. But if
you hold down the costs of the Medicare plan, then you are going to
have more money in the pockets of older people as they try to cope with
their extra out-of-pocket costs.
So when the Medicare plans save seniors money on medicine, that is
simply less cost the retiree plan has to make up. Seniors are going to
be looking at their overall bill, and they want to know that every step
possible is being taken to hold down their Medicare expenses, as
Senator Snowe and I have been advocating for the last 3 years, because
if that is done, there is simply less cost for the retiree plan to make
up.
Containing the costs on the Medicare side has the potential to help
keep costs down for employers insuring their retirees. So if you do
that, you are also going to provide some relief to the taxpayers of
this country because included in the original Medicare bill are a lot
of subsidies designed to help employers keep insuring their retirees so
a lot of older people do not just get pushed back entirely into
Medicare when their employers ought to be helping them. By containing
drug costs through Medicare and containing some of the costs for those
employers, then the need for taxpayer dollars to shore up those
employer plans goes down.
What is the bottom line? We are going to be able to help seniors not
through a Government cost-containment approach but by empowering those
who are supposed to advocate for them in the private marketplace. That
is what 54 Members of the U.S. Senate have voted for. It is a
comprehensive, market-based, cost-containment approach. It will help
older people in the marketplace if they are part of a small plan. And
the Secretary is in a position to negotiate on behalf of all of those
in those small plans, say, for an expensive cancer drug. It could help
the older person in a big city where some plans are getting a good deal
but one senior is not. At that point, the senior wants somebody to make
sure there is some extra clout in the marketplace.
Finally, I think what Senator Snowe and I have been advocating over
these last 3 years will help employers and taxpayers as well. If you
hold down the costs on the Medicare side, that is going to mean the
employers--the employers--of this country are not going to have to come
up with as much
[[Page S10861]]
money on their side to protect their retirees. Containing costs on the
Medicare side clearly has the potential to keep costs down for
employers insuring their retirees.
So now, as the Senate begins to schedule for early next year and
Senators look at the variety of issues that are coming up, I hope they
will look in particular at this concept which has won the support of 93
percent of the American people. I think most Americans just scratch
their heads and say: How in the world could the Government say the only
people in the United States--the only people in the United States--who
will not bargain to hold down the costs of medicine are those running
Medicare?
If you are in North Carolina and you are in the technology sector or
you are in Oregon in the natural resources sector, the first thing you
try to do is use your bargaining power and get the most for your
dollar. You act as a smart shopper. And people have been flabbergasted
that Medicare is the only ``person'' out there shopping without using
every bit of clout that would be available to older people in the
marketplace.
That is why this evening I wanted to take a few minutes to outline
specifically how the changes Senator Snowe and I have been advocating
for the last few years would work. They are common sense. They use the
marketplace to protect the wallets of senior citizens and our
taxpayers. I am particularly pleased Senator Reid has indicated this
would be a high priority. Fifty-four Members of the U.S. Senate have
already voted for it. I hope next year--as people begin to understand,
with the examples I have given tonight and others, how this would
work--my hope is early next year a significant step will be taken
finally to hold down the costs of the medicines that are essential for
this country's older population.
Mr. President, I yield the floor and suggest the absence of a quorum.
The PRESIDING OFFICER (Mr. Burr). The clerk will call the roll.
The legislative clerk proceeded to call the roll
Mr. BINGAMAN. Mr. President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
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