I would like to associate my remarks with Dr. Snyder, the gentlelady from California, and the gentleman from Ohio. Madam Speaker, I, myself, have been in exactly the same position that the gentlelady…
I would like to associate my remarks with Dr. Snyder, the gentlelady from California, and the gentleman from Ohio. Madam Speaker, I, myself, have been in exactly the same position that the gentlelady from California spoke of when I ran for Congress and I left my medical practice with $1,800 a month for my health insurance. I was fortunate I could pay that, as the ER physician was able to do that.
You can do a couple of things to make those rates go down immediately. One is letting an individual deduct their health insurance premiums just like huge corporations do. That would make it 30 to 35 percent cheaper tomorrow for every person out there trying to buy affordable health insurance. Number two, it speaks volumes for allowing you to buy insurance across the State line because that one single ER physician could group in an association health plan with numerous other physicians--perhaps hundreds or thousands of other physicians--and bring those costs down.
How do I know that? Because I started my medical practice with four physicians. We now have 70 physicians with 350 employees, and our costs came down. One of the ways we help keep our costs down was a health savings account which was about 30 percent cheaper than the regular insurance.
I am going to finish by reading a letter from Governor Bredesen, a Democrat from Tennessee, who wrote Senator Corker and Bart Gordon: ``The problem that we're facing is simple: by 2013, we expect to have returned to our 2008 levels of revenue and will have already cut programs dramatically--over $1 billion. At that point, we have to start digging out--we will have not given raises to State employees or teachers for 5 years, our pension plans will need shoring up, our cash reserves (`rainy day fund') will have been considerably depleted and in need of restoration, and we will not have made any substantial new investments in years. There will have been major cuts to areas such as children's services that we really need to restore. On top of these, there are all the unusual obligations to be met--Medicaid, for example, will continue to grow at rates in excess of the economy and our tax revenues. It's going to take at least a full decade to dig our way out and back to where we were prior to the recession.''
``In this environment, for the Congress to also send also along a mandatory bill for $750 million for the health reform they've designed is very difficult. These are hard dollars--we can't borrow them--and make the management of our finances post-recession even more daunting.'' This is our Democratic Governor who's asking us not to pass this legislation.
I yield 2 minutes to the gentleman from Illinois (Mr. Roskam).
Madam Speaker, I would like to yield 2 minutes to the gentleman from Minnesota (Mr. Paulsen).
I yield the gentleman an additional 30 seconds.
Madam Speaker, I yield 2 minutes to the gentleman from New Jersey (Mr. Lance).
I yield myself as much time as I may consume.
Madam Speaker, I have spent the last 31 years before I came to Congress in the real world practicing medicine. So I know from where I speak. I have seen it, seen patients. I am probably one of the only people in this Chamber right now that has actually gone to an emergency room at 3 o'clock in the morning and seen someone without health insurance coverage and treated them, and treated numerous patients over the years without coverage. So I know that from a personal basis as a physician and just as a citizen.
Obviously what we are dealing with now is we are dealing with a very complex issue, health care. It is not easy. There is no question about that. I think the difference that we have, the gentlelady from California just pointed out some similarities, and that is where I think the American people would like us to start instead of this incredibly complex bill that the gentleman from Alaska read just a minute ago, only a portion of, that is incomprehensible.
There are two things you can do that would cover 20 million people, and we can do it on one sheet of paper and not have however many new bureaucracies and czars and agencies and IRS agents and all of that. And that is, which I wholeheartedly agree with, is allow young adults, I have had three in my only family do this, who graduated from college and didn't have insurance right after they got out, let those folks stay on, pick your number, 26, 27 years of age, on their family's health insurance policy. Simply sign up and adequately fund SCHIP, the State Children's Health Insurance Plan, and Medicaid. By doing those two things, you can cover 20 million people. This bill, as complex as it is, covers presumably 31 million people.
My concern with the cost is that one of the things that this bill does not do, it does not address costs. And let me just give you an example. When Medicare was established in 1965, the government estimates at that time was that in 25 years that bill would cost $15 billion. The actual cost of that bill, $90 billion. That was in 1990. The actual cost today, Madam Speaker, is over $500 billion. And we know that this bill is going to remove $500 billion, or approximately $500 billion from this plan.
Let me just tell you what begins to happen, and I have watched it in my own practice, in 2011. The baby boomers hit. Seventy-eight million baby boomers in the next 20 years, 35 million or more in the next 10 years, and you're going to provide the care they need with 500 billion less dollars. I don't think you get that math. The way I read that is that three things happen: Number one, you decrease access. Number two, if you don't get the access, you get decreased quality. And number three, you are going to increase costs because people are going to pay, if they can afford to, for the care that they are receiving.
As my friend Mr. Lance brought out, malpractice reform is desperately needed. I am an obstetrician. I know that all too well, about how many of my colleagues have left the practice of delivering babies, one of the most fulfilling things. I have delivered almost 5,000 babies. And when I left my practice to come to Washington, I never felt like I had a job. It was a privilege to take care of patients and bring those young people in and watch them grow up and flourish in the community I lived.
Young doctors are not able to do that now because of the cost. And it is not in here at all. In our own State, where we have a mutual company, an insurance company, State Volunteer Mutual Insurance Company, which insures the doctors of Tennessee, since the inception of that company, over half the malpractice premium dollars have gone to attorneys, not to the injured party. Less than 40 cents on the dollar. Many of my good attorney friends have said, we need to do something about this. I agree.
So we don't disagree about what needs to be done; it's the method to get there. We are going to have a large government bureaucracy that is expanding a plan that is not working, which is Medicaid. And I have some very good ideas about what we should do for that. We shouldn't treat our Medicaid patients different than we treat other patients. I absolutely agree with that. Therefore, I would argue also we have the insurance industry--I am not going to sit up here and be a shill for them. I have argued with them for 20 years, 30 years about care. But I will point out one thing.
You can take all the profits, that is what I have heard for the last 3 weeks up here is the evil insurance companies, you can take every nickel that they make and it will run our health plan in America, our health, for 2 days. So what are you going to do the next 363 days? Only 2 days. Take them all and put them out, you only cover people for 2 days. So that is not the solution. It is just demonizing them. They need to shape up, there is no question about that. And competition will help that happen.
I know this is a great vote. I think it is one of the biggest votes that we have had in the last 45 years in America. The people in my district overwhelmingly oppose this bill by about 8-to-1. I am going to vote against this bill for the reasons that I have stated, and certainly would be willing to work with the other side, and asked to do that.
One of my great frustrations in coming to Washington, D.C., was to have spent over 30 years in the practice of medicine and not be included in the decision. The physicians caucus on our side, 10 doctors, 14--we have other folks other than M.D.s in that caucus--and the two Senators who are M.D.s, none were included in this discussion about health care. I think that was wrong. I think it was a mistake on the other side, and would have certainly liked to have brought over 300 years of experience to the table and discuss with them real solutions, positive solutions for health care.
I yield back the balance of my time.