Mr. Speaker, I thank the gentlewoman from Florida for yielding, and I thank my colleagues for bringing such important information before the Congress tonight on this very, very important issue, the Medicare Modernization Act and…
Mr. Speaker, I thank the gentlewoman from Florida for yielding, and I thank my colleagues for bringing such important information before the Congress tonight on this very, very important issue, the Medicare Modernization Act and Prescription Drug Act of 2003, a promise that was made to seniors a number of years ago and a promise that finally this President, our President, George W. Bush, has delivered on. I am proud, of course, as a physician Member of this Congress to have been very supportive of this Medicare Modernization and Prescription Drug Act.
Mr. Speaker, I think all of us realize, we are in an election year, and not just any election year, but, of course, a
presidential election year, and there is a lot of rhetoric going around in these halls and in the respective town halls of districts of Members and a lot of criticism of the administration and this President, and what I like to call MediScare rhetoric, MediScare rhetoric.
In the little bit of time I have tonight, let me try to clarify for the Members one such MediScare subject, and that is this, that the allegation that this prescription drug bill for seniors, for our needy seniors is nothing but a giveaway to the pharmaceutical industry.
Think about that now, nothing but a giveaway to the pharmaceutical industry. One could have said in 1965 when Medicare was first enacted, some 38 years ago, that Part A, the hospital part of Medicare, was nothing but a giveaway to the hospitals. After all, it is the hospitals that provide the care under Part A.
One could also say that Part B, the physician part, was nothing but a giveaway to the doctors, those doctors who are performing critical surgery, taking care of patients, it is nothing but a giveaway to the physicians, because, after all, they are the ones that provide the care under Part B.
Now, here they come in 2004 saying in their MediScare rhetoric that Medicare Part D, the prescription drug part which our seniors have waited for for years, is nothing but a giveaway to the pharmaceutical industry.
Obviously, the pharmaceutical companies are going to sell more drugs, no question about that. Nobody else can do that. Nobody else is in that business. Nobody else makes the drugs, the wonderful drugs, because of the research and development that has gone into that, that has provided the best pharmaceutical prescriptions of any country in the world. That is the pharmaceutical companies, and, yes, thank God, finally, they are going to be able to sell more drugs because our seniors, at long last, are going to be able to afford to buy those drugs. But this is not a giveaway to the pharmaceutical industry.
What is going to happen is because they sell more prescription medication, then we are going to lower the price. Anybody, Mr. Speaker, any Member of this body, anybody who is paying attention to us here tonight, understands the volume discount you get when you sell more of a product, whether it is a new car dealer selling 100 units a month versus 10 units a month, they can sell them at a lower price. That is what this is all about.
It is nothing but a scare tactic on the other side, not willing to give the credit where credit is due, to this President, this Republican leadership, this Congress, for finally delivering on a promise that others have made when they were in control, but they failed to keep that promise.
I want to just mention, Mr. Speaker, in the few minutes I have got left, about some of the organizations that have been so supportive of this legislation. I do not have enough time to list them all. I could go through every medical sub-specialty, certainly the American Medical Association, my Medical Association of Georgia, in the district that I represent, the senior organizations. The most well-known, of course, which represents some 35 million seniors, including yours truly, Mr. Speaker, the American Association of Retired Persons, the AARP. Listen to what they say. I just want to call your attention to this poster to my left.
``AARP believes that millions of older Americans and their families will be helped by this legislation. This legislation protects poor seniors from future soaring prescription drug costs. The bill will provide prescription drug coverage at little cost to those who need it most. It will provide substantial relief for those with very high drug costs. It also provides a substantial increase in protection for retiree benefits.''
Mr. Speaker, what that says is the American Association of Retired Persons endorsed this bill when they made sure that Medicare would do everything in its power to prevent companies from dropping their healthcare coverage, including a prescription drug benefit, for their retirees who had worked sometimes 35, 40 years, for the company. These companies were dropping these plans or cutting the benefits, and this is what is happening even before this Medicare Modernization and Prescription Drug Act was passed. But it was only when we shored up those companies to prevent them from dropping these plans that the American Association of Retired Persons came on board in support of this bill.
I commend them. No, I am not about to tear up my AARP card. I think they represent seniors well, and I am proud of them for their support.
I could go on and on, and I am not going to do that, because some more of my colleagues are here, and I thank the gentlewoman from Florida (Ms. Ginny Brown-Waite) for bringing this special hour to the Congress to make sure that the Members understand that we are listening to a lot of rhetoric now during this election season, a lot of scare tactics, but it is unfair to scare our seniors. We are providing a benefit to them that is much needed, and the benefit goes to the very heart and helps those needy seniors the most.
It is an absolute Godsend, Mr. Speaker, for them. I thank the gentlewoman for giving me this opportunity tonight.