A bill to repeal the medicare and medicaid provisions and the supplemental medicare premium of the Medicare Catastrophic Coverage Act of 1988, and for other purposes.

Amends the Medicare Catastrophic Coverage Act of 1988 to repeal all provisions of such Act pertaining to the expansion of the Medicare program (title XVIII of the Social Security Act) and the financing of such expansion. Delays the repeal of provisions of such Act affecting part A (Hospital Insurance) of the Medicare program until January 1, 1991. Repeals mandatory Medicaid (title XIX of the Social Security Act) coverage of the Medicare premiums, deductibles, and coinsurance payments for which individuals whose income does not exceed the Federal poverty level would otherwise be accountable.

Directs the Senate Committee on Finance to develop and report legislation, within six months after this Act's enactment, providing older and disabled persons with access to health care which is consistent with their dignity and wishes.