I thank my friend and colleague from Georgia for yielding time to me. Also, I thank him for putting on this program this evening. It is very important that we inform the American public about these issues in health care. It is undeniable…
I thank my friend and colleague from Georgia for yielding time to me. Also, I thank him for putting on this program this evening. It is very important that we inform the American public about these issues in health care.
It is undeniable that the United States has the finest health care system in the world, and I have seen it firsthand as a cardio-thoracic surgeon. I have had the great privilege of saving many lives in the practice of cardio-thoracic surgery. At the same time, I also learned firsthand about the difficulties that families go through and the high cost of health care incurred by families and small businesses.
Particularly, when my son was involved in a terrible car accident that required months of hospital care and the stress it put on my family and the financial pressure really awakened me to many of the problems that we have in our health care system. So I come here with strong determination to try to do something to help American families with the ever-rising cost and burden of providing health care.
Health care costs have doubled between 1993 and 2004, growing to nearly $1.9 trillion and representing 16 percent of the United States gross domestic product. When you look at health care, we have to make sure that it is affordable, it is available and accessible because I commonly say, I often say back at home, All health care is local. What good is health care if you cannot access it and get it where it is affordable where you live? That is where you need it. It does not do you any good if it is available in New York or Boston if you cannot get it at home in Lafayette, Louisiana.
So with this unsustainable rise in cost, we have got to do something to bring the cost down and make it more affordable and available. Competition is the key.
I think there are three words that really describe the principles for health care reform: information, choice, and control.
First of all, with regard to information, we need a free flow of information about prices, about cost to families, about cost of hospital care, cost when you go to see the doctor, the cost you incur when you go.
We also need a free flow of information about quality and outcomes, because if we have this flow of information, and information technology was mentioned earlier this evening, information technology is a critical part in providing this kind of information to the consumer and to ultimately the patient, to the family.
I often say what good is it if you do not have this information. If I go to the store to buy soft drinks or sodas for my family, I can go down the aisle, and there is a wide range of products, different quality, different flavors, different prices, and I make an informed decision. But in health care, we cannot do that. So we need information.
Choices, that is the other one. If we had a wide range of choices in health care, wide range of insurance products, then we could create this competition that will bring the cost down. It is one of the things we hope to see in the Medicare prescription Part D program, where we create competition to drive the cost of pharmaceuticals down for our seniors in these plans.
Another way of providing choice is certainly the health savings accounts that were mentioned earlier, associated health plans which is something we passed in the House. And there is also a bill that I am a proud cosponsor of; this is a bill by Representative Shadegg, H.R. 2355, the Health Care Choice Act of 2005, which will allow people to shop for insurance products, health care insurance, across State lines, again creating more competition and hopefully bringing the cost down.
The final piece of this is control. We do not have portability and control. I want to put health care destiny back in the control of families and individuals because I believe by doing so we create true portability in health care, and if we do this, then we will solve a lot of the problems. We will free up our businesses, let them do what they do best, by providing work and wages and so forth, but let us let families have that portability in health care.
Those are the keys to health care reform. It is important to recognize, if you look at our health care system, 45 percent of all health care spending is in the form of Medicare and Medicaid and other Federal programs. Fifty-five percent of it is in the so-called private sector, and yet what we have is a price control system where everything is set by basically paying at the Medicare rates, which creates some degree of rationing in health care. Yet, on the other side of the coin, when you look at what is happening to providers, providers are having to deal with the free ranging, inflated cost of supplies, pharmaceuticals, surgical equipment, and this has created major distortions in our health care system. This also needs to be addressed.
So, again, if we can create competition by using those three principles I mentioned, then I believe we can truly start to bring the costs down in health care and make it more affordable, available and accessible for American families.
I thank my colleague from Georgia for yielding to me, and I appreciate this opportunity to comment on health care.
Mr. Speaker, I thank the gentleman for yielding. I also point out another feature of health savings accounts and it is something very important to think about; and that is, as we get a large part of our generation to sign on to these health savings accounts, as our generation moves up into the Medicare years, that money will accrue and could be used for health care costs incurred at that time. It will help take some of the burden off the Medicare system in the future potentially. So it is a good, good feature as we look at these. Again, it helps the individual, it helps the family to control their own health care destiny.
So I just wanted to point that out, in addition to these very good facts that you pointed out as well.