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Public Statements

Bringing Down Health Care Costs

Floor Speech

Location: Washington, D.C.

Mr. YARMUTH. Mr. Speaker, critics of the Affordable Health Care for America Act have said we're not doing enough to control costs. In fact, a great deal of what we have done in this legislation is aimed at reducing costs in the system--not just costs to Medicare and Medicaid, but also to the private system as well.

For instance, one of the things we do is move toward standardized forms, standardized billing forms. One estimate is that this could save the system $30 billion a year. That's just one of the things that we put into motion to try and change the cost structure of health care in this country.

As my colleague from Minnesota mentioned, we're talking about changing the way we pay physicians so that we pay for the quality of care and not the quantity of care. In addition, we move to reduce readmissions to hospitals, because this is one of the greatest factors in high medical care costs.

Time after time in this bill, from comparative effectiveness research to investments in health care information technology, we do things that will bring costs down in health care, and that is our commitment to the American people. We will bring down costs and make health care affordable for every American.

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