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Sen. Coburn Describes Bill to Preserve Medicare

Washington, DC
Thursday, March 15, 2012

Sen. Tom Coburn (R-OK) spoke about  the "Seniors' Choice Act," a bill he co-authored with Sen. Richard Burr (R-NC) to preserve Medicare, during a morning Hudson Institute breakfast discussion.

The bill, submitted to the Senate in mid-February, draws on recommendations of President Obama’s bipartisan Fiscal Commission and aspects of the Lieberman-Coburn Medicare Reform proposal and the Wyden-Ryan proposal.

The Coburn-Burr proposal would set a maximum limit on seniors' out-of-pocket medical expenses under Medicare Parts A and B and would offer premium supports, or federal subsidies, to pay for private insurance plans directly competing with traditional Medicare fee-for-service plans.

Sen. Coburn, a physician specializing in family medicine, was elected to the Senate in 2004.

Updated: Thursday, March 15, 2012 at 7:08pm (ET)

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