Health Reinsurance Legislation: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Eighty-third Congress, Second Session on H. R. 8356. A Bill to Improve the Public Health by Encouraging More Extensive Use of the Voluntary Prepayment Method in the Provision of Personal Health Services. March 24, 25, 26, 30, 31, April 1, 2, 5, 8, May 5, 6 and 7, 1954, Volumes 34-38U.S. Government Printing Office, 1954 - 453 pages Considers legislation to encourage voluntary prepayment for health services. |
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... HESELTON , Massachusetts JOHN B. BENNETT , Michigan RICHARD W. HOFFMAN , Illinois JOHN V. BEAMER , Indiana WILLIAM L. SPRINGER , Illinois ALVIN R. BUSH , Pennsylvania PAUL F. SCHENCK , Ohio JOSEPH L. CARRIGG , Pennsylvania HERBERT B ...
... HESELTON , Massachusetts JOHN B. BENNETT , Michigan RICHARD W. HOFFMAN , Illinois JOHN V. BEAMER , Indiana WILLIAM L. SPRINGER , Illinois ALVIN R. BUSH , Pennsylvania PAUL F. SCHENCK , Ohio JOSEPH L. CARRIGG , Pennsylvania HERBERT B ...
Page 48
... HESELTON . Mrs. Hobby I had to appear before another com- mittee and I did not have the privilege of hearing your full state- ment . I will , however , read you statement carefully . But my at- tention was called to a rather unusual ...
... HESELTON . Mrs. Hobby I had to appear before another com- mittee and I did not have the privilege of hearing your full state- ment . I will , however , read you statement carefully . But my at- tention was called to a rather unusual ...
Page 61
... HESELTON . Will the gentleman yield ? Mr. ROGERS . Yes ; I will yield . Mr. HESELTON . You use the expression where comparable reinsur- ance is not available . What is the element that enters into that ? Mr. PERKINS . For reinsurance ...
... HESELTON . Will the gentleman yield ? Mr. ROGERS . Yes ; I will yield . Mr. HESELTON . You use the expression where comparable reinsur- ance is not available . What is the element that enters into that ? Mr. PERKINS . For reinsurance ...
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... HESELTON . Does that mean at the same cost ? Mr. PERKINS . Well , we do not know what - you mean the word " comparable " ? Mr. HESELTON . Yes . Mr. PERKINS . Yes . As to the element of comparability , that is right ; it would be roughly ...
... HESELTON . Does that mean at the same cost ? Mr. PERKINS . Well , we do not know what - you mean the word " comparable " ? Mr. HESELTON . Yes . Mr. PERKINS . Yes . As to the element of comparability , that is right ; it would be roughly ...
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... HESELTON . The public statement has been made by certain people that that $ 25 million reinsurance fund would go ... HESELTON . May I ask you a question there ? Mr. PERKINS . Yes , sir . Mr. HESELTON . Have those actuarial determinations ...
... HESELTON . The public statement has been made by certain people that that $ 25 million reinsurance fund would go ... HESELTON . May I ask you a question there ? Mr. PERKINS . Yes , sir . Mr. HESELTON . Have those actuarial determinations ...
Common terms and phrases
$25 million abnormal losses accident actuarial ALLMAN American Hospital Association American Medical Association ance answer areas basis BEAMER BEERS believe benefits BENNETT bill Blue Cross plans carrier CHAIRMAN chamber coinsurance committee Congress contract cost coverage covered CRUIKSHANK DEROUNIAN doctor DOLLIVER experience extend FAULKNER Federal Government Federal reinsurance feel field going HALE HARRIS health insurance health service prepayment HESELTON income individual insurance companies interest KLEIN legislation limited major medical March 24 McNARY medical expense medically indigent ment MILLER MURPHY nonprofit operation organizations payment PELLY percent PERKINS physicians policies be reinsured premium rates present president problem proposed protection question regulation reinsurance fund reinsurance plan reinsurance premium reinsurance program risk ROGERS Secretary HOBBY service prepayment plans socialized medicine SORG specific SPRINGER standards statement STUART subsidy surance testimony thing THORNBERRY tion uninsurable Welfare WOLVERTON YOUNGER
Popular passages
Page 335 - Congress hereby declares that the continued regulation and taxation by the several States of the business of insurance is in the public interest...
Page 334 - Administrator shall conduct a study and shall submit a report to the Committee on Interstate and Foreign Commerce of the United States House of Representatives...
Page 10 - Administrator deems necessary for the conduct of its business ; and (9) shall determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed and paid, subject to provisions of law specifically applicable to Government corporations.
Page 1 - Education. (b) In administering the provisions of this Act for which he is responsible, the Commissioner is authorized to utilize the services and facilities of any agency of the Federal Government and of any other public or nonprofit agency or institution in accordance with appropriate agreements, and to pay for such services either in advance or by way of reimbursement, as may be agreed upon.
Page 13 - HR 8356, a bill to improve the public health by encouraging more extensive use of the voluntary prepayment method in the provision of personal health services.
Page 8 - Treasury shall determine the applicable interest rate annually in advance, such rate to be calculated to reimburse the Treasury for its costs in connection with such unrepaid advances, taking into consideration the current average interest rate on outstanding marketable long-term obligations of the United States.
Page 114 - Government can and should work with them to study and devise better insurance protection to meet the public need. I recommend the establishment of a limited Federal reinsurance service to encourage private and nonprofit health insurance organizations to offer broader health protection to more families.
Page 10 - ... wholly owned Government corporations by the Government Corporation Control Act, as amended ; and (2) maintain an integral set of accounts which shall be audited annually by the General Accounting Office in accordance with the principles and procedures applicable to commercial transactions as provided by the Government Corporation Control Act, as amended...