Word: prepayment
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Dates: during 1940-1949
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...insurance plans," such as the Blue Cross (hospitalization) and the Blue Shield (doctors' fees). At the Assembly they were represented by Dr. Paul R. Hawley, former medical director of the Veterans Administration. The Blue Cross and Shield, said Hawley, if properly developed and extended, can enable people to prepay their medical costs while avoiding the disadvantages of "socialized" medicine. As proof, he cited the rapid recent growth of the two plans. Together they have 37,500,000 members; Blue Shield has increased its membership 3,500% in eight years...
...obvious and partial answer to socialized medicine, Blue Cross has worked well. As memberships increased, benefits have been raised. Some chapters have added plans to prepay doctor bills as well. All that can seemingly stop Blue Cross from snowballing still more is state-controlled medicine...