U.S. Senators Lindsey Graham and Jim DeMint have signed on to cosponsor legislation that would enroll seniors into the same health care plan available to members of Congress and federal employees, known as the Federal Employee Health Benefit plan. The Congressional Health Care for Seniors Act was introduced Thursday by Kentucky Republican Rand Paul. Joining Graham as co-sponsors are fellow South Carolina GOP Senator Jim DeMint and Utah Republican Mike Lee.
Under the plan there are no price controls, standardized benefits or detailed guidelines for doctors or hospitals. All individuals within a plan pay the same premium regardless of their health status or pre-existing conditions. Read plan.
Graham says the goal of the legislation is to save Medicare from bankruptcy and ensure that seniors have affordable high-quality health care. Graham says the key now is to build bi-partisan support for the measure.Graham says the legislation was created from an idea generated by Democratic Senator Jim Kerry of Massachusetts.
Graham says the measure “will save the federal government $1 trillion over the next decade and reduce the unfunded liability of Medicare by $16 trillion.”
AUDIO: Graham looking for bipartisan support (:34)