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" In no other realm of economic life today are payments guaranteed for costs that are neither controlled by competition nor regulated by public authority, and in which no incentive for economy can be discerned. "
Costs and Delivery of Health Services to Older Americans: Hearings ... - Page 795
by United States. Congress. Senate. Special Committee on Aging. Subcommittee on Health of the Elderly - 1960
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The Insurance Industry: Hearings Before the Subcommittee on ..., Issue 1

United States. Congress. Senate. Committee on the Judiciary - 1970 - 5708 pages
...everyone knows, is very real and deserves the utmost consideration. As the Somers' point out (p. 192), In no other realm of economic life today are payments...in which no incentive for economy can be discerned. Therefore, all of the authors' proposals — regardless of how strong or weak — should be given serious...
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The Future of Medicare--N.J.: Hearing Before the Subcommittee on Human ...

United States. Congress. House. Select Committee on Aging. Subcommittee on Human Services - 1983 - 219 pages
...cost control, difficult enough in any case, to come from' . . . In no other realm of economic life are payments guaranteed for costs that are neither...in which no incentive for economy can be discerned . Clearly, Medicare faces stormy days ahead in the entire field of payments to providers. Present arrangements...
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The Future of Medicare--N.J.: Hearing Before the Subcommittee on Human ...

United States. Congress. House. Select Committee on Aging. Subcommittee on Human Services - 1983 - 219 pages
...for cost control, difficult enough in any case, to come from? ... ln no other realm of economic life are payments guaranteed for costs that are neither...authority, and in which no incentive for economy can be discemed. . . Clnaily, Medicare faces stormy days ahead in the entire field of payments to providers....
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