Word: careful
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Dates: during 1950-1959
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...Says Eastman Kodak's Industrial Relations Director Craig Cochrane, whose company has one of industry's most complete health insurance plans: "Broadly speaking, in addition to the human considerations, we feel that people do their work more effectively when they are relieved of worry and anxiety. Medical care may be delayed if they haven't the money to pay for it. But with prompt medical care they will recover more quickly, lose less time...
Even among such well-established plans as the nonprofit Blue Cross and Blue Shield, there are shortcomings. Most group policies do not cover dependents over 18. Many do not provide benefits high enough to compensate for the soaring costs of hospitalization, and most do not provide long-term care for such diseases as polio, TB and cancer. Another frequent weakness: if an illness runs longer than a specified time (seldom more than 120 days), benefits stop and the patient has to wait sometimes for months before they start up again. Meanwhile, he has to pay all expenses himself, just when...
...month (the same subscriber pays up to $9.50 with two or more dependents). Except for such illnesses as alcoholism and mental disorders, this entitles him to free treatment (by specified doctors) in 35 institutions, including 14 hospitals. For each illness suffered, he is entitled to 111 days of hospital care in a year, including all extras...
Magna, now headquartered in a new, brick-and-glass building in Menlo Park, Calif., is still owned and operated by the three founders. While President Bob Chambers takes care of sales and advertising and Treasurer Frank Chambers looks after purchasing, Vice President Goldschmidt concentrates on inventing. Says he: Some new Magna products "will be just as revolutionary in their way as the Shopsmith...
...half-tamed little girls in the course of one short summer holiday. He also records the most shocking blunder of his life-chastely kissing little "Atty" Owen, a "child" who turned out to be 17. "Mrs. Owen treats the matter quite seriously! She adds, 'We shall take care it does not recur...