The bill is a memorial from the Washington State Legislature expressing strong opposition to the privatization of Medicare and urging the federal government to enhance the Original Medicare program. It highlights the efficiency of Original Medicare, which has low administrative costs, and raises concerns about the financial burdens imposed on beneficiaries due to the privatized Medicare programs, such as Medicare Advantage. The memorial cites significant overcharging and fraudulent practices within these privatized programs, which have reportedly cost the Medicare trust fund and beneficiaries between $75 billion to $140 billion annually.

To address these issues, the memorial proposes several key actions: eliminating the 20 percent copays for Original Medicare, establishing an out-of-pocket cap on medical expenses, expanding benefits to include dental, vision, and hearing coverage, reducing excessive administrative costs and profits in Medicare Advantage, and recouping funds lost to overpayments and fraud. The goal is to create a more equitable healthcare system for seniors and disabled individuals by ensuring they have a genuine choice between Original Medicare and privatized options without incurring additional costs.