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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Page
... answer to questions by Chairman Wolverton_ Members of insurance committee , United States Chamber of Commerce_ 143 ... Answers to questions of Chairman Wolverton_ . Letter from 331 332 Monarch Life Insurance Co. , letters from John H ...
... answer to questions by Chairman Wolverton_ Members of insurance committee , United States Chamber of Commerce_ 143 ... Answers to questions of Chairman Wolverton_ . Letter from 331 332 Monarch Life Insurance Co. , letters from John H ...
Page 38
... answer that question , and I do not want you to think that I am evading it , but I am answering it literally as the eight agreed that the question could be answered . There was unanimous agreement that the gentlemen thought that this ...
... answer that question , and I do not want you to think that I am evading it , but I am answering it literally as the eight agreed that the question could be answered . There was unanimous agreement that the gentlemen thought that this ...
Page 39
... answer that question ? Mr. STUART . It is available to a limited extent . I believe one health- insurance plan was reinsured for a time through Lloyds of London , and so far as I know in the nonprofit field , that is the only instance ...
... answer that question ? Mr. STUART . It is available to a limited extent . I believe one health- insurance plan was reinsured for a time through Lloyds of London , and so far as I know in the nonprofit field , that is the only instance ...
Page 42
... answer - and I do not know whether it is of particu- lar interest to the committee , but , again , commenting on the points you raise , and the point Mr. Priest raised - that a bill which is before the Ways and Means Committee contains ...
... answer - and I do not know whether it is of particu- lar interest to the committee , but , again , commenting on the points you raise , and the point Mr. Priest raised - that a bill which is before the Ways and Means Committee contains ...
Page 44
... answer to that is that it is like any other business venture ; it depends on how much business we get and how sound our actuaries are . Mr. BEAMER . The reason I asked that is this : I take it that it is the hope of the administration ...
... answer to that is that it is like any other business venture ; it depends on how much business we get and how sound our actuaries are . Mr. BEAMER . The reason I asked that is this : I take it that it is the hope of the administration ...
Common terms and phrases
$25 million abnormal losses accident actuarial administration ALLMAN American American Hospital Association American Medical Association ance answer areas Association basis BEAMER BEERS believe benefits bill Blue Cross plans Blue Shield plans cancellation carriers CHAIRMAN chamber coinsurance committee Congress cost coverage covered CRUIKSHANK DEROUNIAN doctors DOLLIVER experience extend FAULKNER Federal Government Federal reinsurance feel field going HALE HARRIS health insurance health service prepayment HESELTON hospital individual insurance business Insurance Commissioners insurance companies interest legislation limited major medical McNARY medical expense medically indigent ment MILLER MURPHY nonprofit operation organizations payment PELLY percent PERKINS persons physicians premium rates present president problem proposed protection question regulation reinsurance plan reinsurance premium reinsurance program risk ROGERS Secretary service prepayment plans socialized medicine SORG South Carolina specific SPRINGER standards statement surance testimony thing THORNBERRY tion underwriting uninsurable WOLVERTON YOUNGER
Popular passages
Page 337 - Congress hereby declares that the continued regulation and taxation by the several States of the business of insurance is in the public interest...
Page 336 - 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 2 - Secretary but not exceeding $50 per diem, including travel time, and while away from their homes or regular places of business they may be allowed travel expenses, including per diem in lieu of subsistence, as authorized by law (5 IT. SC 73b-2) for persons in the Government service employed intermittently.
Page 12 - 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 2 - Act, to employ experts and consultants or organizations thereof, as authorized by section 15 of the Administrative Expenses Act of 1946 (5 USC 55a).
Page 3 - 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 15 - 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 10 - 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 116 - 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 12 - ... 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...