PUP 4931r Lecture 40: pup lec 40
6 Apr 2018
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Document Summary
,345 per person: u. s. health care spending reaches new peak. Was the first broad-coverage health insurance in u. s. Was originally designed to make cash payments to workers for wages lost because of job-related injuries and disease. Later become compensation for medical expenses, and death benefits for survivors were added. Viewed as a trial for a government-sponsored health insurance but. Private insurance has prevented a national health care program**** The great depression made hospitals economically unstable and individuals faced the loss of income from illness and debt of high health costs. In 1929, justin kimball began a hospital insurance plan for teachers at. Baylor university in dallas, tx and it become the model for blue cross plans around the country with aha support. In 1939, the california medical association started blue shield plan to pay physician fees. In 1974, blue cross and blue shield merged. During world war ii, employees accepted employer-paid health insurance to compensate for the loss of wages.
