Press Release by Congresswoman Pelosi

Congresswoman Nancy Pelosi

In Support Of Medicare Buy-In Proposal For Older Americans

March 17, 1998

Rep. Nancy Pelosi (D-CA) today joined with President Clinton and fellow Democrats on Capitol Hill for the unveiling of the Early Medicare Act. In the budget proposal delivered to Congress in early February, the President made a number of proposals to improve health care services and research including one to expand Medicare coverage to Americans age 55 to 65 who want to buy into the program. "I support this proposal because it would extend quality health care to many vulnerable individuals," Pelosi said. "People in this age group, particularly those with disabilities or preexisting conditions, are the most difficult-to-insure populations."

What the President's Buy-In Proposal would do:

The buy-in would not affect the costs for current Medicare beneficiaries. And given that the proposed program is designed to be self-financing, the strength of the Medicare Trust Fund will be maintained.

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