<font size="-1", face="Arial","Helvetica"> National Bipartisan Commission on the Future of Medicare
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For Immediate Release: June 4, 1998
Contact: Rusty Jabour
Website: http://medicare.commission.gov

Restructuring Task Force to Meet on Friday, June 5

9:00 - 9:30 a.m., Room H-137, U.S. Capitol, Washington, D.C.

WASHINGTON (June 4) -- The Restructuring Task Force of the National Bipartisan Commission on the Future of Medicare will hold its organizational meeting tomorrow in Washington, D.C., Sen. John Breaux (D-La.) and Rep. Bill Thomas (R-Calif.) announced today.

The task force will meet from 9:00 to 9:30 a.m., Friday, June 5, in Room H-137 of the U.S. Capitol in Washington, D.C. It will be the first meeting of the task force, and the meeting is open to the public. The task force will primarily discuss organizational matters.

The Restructuring Task Force is looking at ways to structure Medicare and will report to the 17-member commission at its next meeting (details of that meeting will be announced later).

The Medicare program was enacted by the Congress in 1965 and began operating in July 1966.

The 17-member National Bipartisan Commission on the Future of Medicare was established by the Balanced Budget Act of 1997 and is charged with finding ways to preserve Medicare for future generations. The commission's report is due to be delivered to the Congress and the Administration by March 1, 1999.

Experts say that in 10 years, Medicare will face a dramatic increase in the demand for its services as 77 million "Baby Boomers" start retiring.

<font size="-1", face="Arial","Helvetica">Restructuring Task Force Members*

Stuart Altman

Bill Frist

Phil Gramm

Samuel Howard

Anthony Watson

*Chairmen Breaux and Thomas also are members of the task force.


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