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BINGAMAN AND DURENBERGER TO INTRODUCE BIPARTISAN HEALTH CARE BILL

BINGAMAN AND DURENBERGER TO INTRODUCE BIPARTISAN HEALTH CARE BILL
 WASHINGTON, Aug. 5 /PRNewswire/ -- U.S. Sens. Jeff Bingaman (D- N.M.) and Dave Durenberger (R-Minn.) will announce their bipartisan health care bill at an informal briefing on Thursday, Aug. 6.
 The briefing will take place from 8:30 to 9 a.m. in Bingaman's office at 524 Hart Senate Office Building, Washington.
 The Bingaman-Durenberger legislation would help provide affordable health insurance for the estimated 40 million Americans who work for small businesses.
 The Health Insurance Purchasing Cooperatives Act (HIPC) will allow states to establish cooperatives which will purchase and manage large blocks of insurance for businesses with fewer than 50 employees. By creating managed competition among insurance providers, small businesses and their employees will pay reduced premiums. Further savings would be achieved with uniform medical billing forms and electronic billing through the HIPCs.
 The Bingaman-Durenberger legislation incorporates reforms called for by the Democratic and Republican leadership in Congress as well as the Bush administration.
 -0- 8/5/92
 /Editors: Refreshments will be served. Please call either the Bingaman or Durenberger office to confirm your attendance./
 /CONTACT: Melenie Soucheray of U.S. Sen. Dave Durenberger's office, 202-224-9472, or Roberta Heine of U.S. Sen. Jeff Bingaman's office, 202-224-1804/ CO: ST: District of Columbia IN: INS SU: LEG


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Publication:PR Newswire
Date:Aug 5, 1992
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