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Ranking Member Camp talks on lowering the cost of health care at the White House Summit

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Uploaded by on Feb 25, 2010

I think as we focus this part of the conversation on cost, a lot of americans say to me if you're really interested in controlling costs, maybe you shouldn't be spending a trillion dollars on health care as the senate and house bills do. Also cutting medicare benefits by a half a trillion dollars to fund this new entitlement is I think a step in the wrong direction and many americans do, as well. The nonpartisan actuaries at the center for medicare and medicaid services say on page 4 of their letter on the senate-passed bill that would bend the cost curve in the wrong direction by about a quarter of a trillion dollars. They specifically say the held expenditures under the senate bill would increase by $222 a key way of reducing costs that's missing from the house and senate bills is responsible lawsuit reform that guarantees injured parties much like our two largest states have adopted, texas and california access to all economic damages such as future medical care if they need nursing care in the future, they're get it.

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