[Congressional Record Volume 163, Number 172 (Wednesday, October 25, 2017)]
[House]
[Pages H8154-H8155]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MEDICARE BUY-IN OPTION
(Mr. HIGGINS of New York asked and was given permission to address
the House for 1 minute.)
Mr. HIGGINS of New York. Mr. Speaker, Medicare is the best public
option that already exists to improve the Affordable Care Act and to
provide immediate relief to Americans on the individual market.
Next week, the Nation's State insurance commissioners will make
public insurers' price gouging increases for next year, including a 60
percent increase in Georgia, a 50 percent increase in Florida, and the
remaining States up to a 50 percent 1-year increase.
A Medicare buy-in option for younger Americans is the only hedge
against these price spikes that every American will look to Congress
for relief from. Congress has been negligent in their 7-year near
obsession with repeal and replace. You can no longer blame ObamaCare.
Mr. Speaker, I urge every Member of Congress to support the Medicare
Buy-in and Healthcare Stabilization Act and Medicare X legislation. It
is time to unleash the market power of Medicare to lower costs, improve
quality,
[[Page H8155]]
and push back on private insurers' aggressive pricing.
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