From: The Honorable John Conyers, Jr.
Sent By:
Bill: H.R. 676
Date: 7/30/2015

Medicare at 50: A Cost Effective and Compassionate Model

Hosted by Dean of the House of Representatives, Rep. John Conyers, Jr.,
Lead sponsor of H.R. 676, The Expanded & Improved Medicare for All Act
Today,1pm – 2:30pm, Rayburn 2237

Moderated by health insurance whistleblower Wendell Potter, Senior Analyst, Center for Public Integrity, and featuring:
Rep. Ted Lieu
Sen. Bernie Sanders (invited)
Robert Weissman, President, Public Citizen
Michael Lighty, Director of Public Policy, National Nurses United
Robert Zarr, President, Physicians for a National Health Program
Andrea Miller, Executive Director, People Demanding Action
*And also featuring recorded remarks by Don Berwick, M.D., former Administrator of the Centers for Medicare and Medicaid Services (CMS) and founder of the Institute for Healthcare Improvement
Medicare 50th Anniversary Cupcakes by Georgetown Cupcake will be provided
On July 30, 1965, Presidnt Lyndon B. Johnson signed into law legislation that established the Medicare program, immediately providing health insurance for 20 million Americans aged 65 and older. Before Medicare’s implementation, approximately half of all seniors lacked health insurance.
For Americans under 65, the Affordable Care Act was an important catalyst for positive change. But today, nearly 12 percent of Americans remain without health insurance, while United States continues to spend almost twice as much per person on health care as any other country. Billing and insurance-related administrative costs totaled $471 billion in 2012, with 80 percent of these costs a result of inefficiencies in our for-profit, multipayer healthcare system.
Medicare’ model may hold the answer to these challenges: Administrative costs in Medicare are only about 2 percent of operating expenditures, compared with private insurance administrative costs of 17 percent.
This panel will discuss the success of Medicare, review the major advances -and challenges – of the Affordable Care Act, and Chart a path forward towards the “Medicare for All,” single-payer system that is supported by more than half of Americans and is the standard for care in the developed world.