Private Health Insurance History

Words: 493

Pages: 2

Open Document

Several historical factors that led to the development of the private health insurance industry include the industrialization of the west land, the Baylor University Hospital experiment of medical benefits, the Stabilization Act of 1942 during World War II and the Health Maintenance Organization Act of 1973.

Private Health insurance was first implemented in 1847 mainly as an accidental insurance and primarily serving companies of the railroad industry. The Southern Pacific, the Northern Pacific and the Missouri Pacific all organized hospital associations to care for their 500,000 employees. The companies provided total care in return for a periodic fixed payroll deduction (Reed, L. 1965, pg3). As the west grew, logging, metal mining and coal industries chose the same type plans to cover employees. By 1930, about 540,000 employees were receiving employee deductions for medical services (Reed, L., 1965, p 1). …show more content…
The plan was considered an experiment and each participant received 3 weeks worth of medical care for $3 a semester or $6 a year. The health plan delivery was successful and other groups then requested insurance. During the depression, other hospitals had a large amount of patients unable to pay for services and they began to recognize the benefit of prepaid services and started similar plans. Community hospitals began to offer joint plans that provided medical coverage at more than one location. Later plans were set up to serve a community or large city, and by the end of 1934, 54,000 people were covered by 1 of the 10 different available health insurance plans. Baylor health plans later became not-for-profit Blue

Health Care Policy In The United States And France

Taylor Dove 9:30-10:45 28 November 2012 Health Care Policy in the United States and France: Common Ideals, Diverging Approach Health care policy is one of the foremost issues of controversy in most modern societies across the globe today. The debate centers on the government’s role in providing health services to its citizens. No two countries in the world have a system in which their governments play the exact same part in regulating health care, portraying the vast number of opinions…

Words 2912 - Pages 12

Essay about Public Health Care Is the Way to Go

Public health care is definitely the only health care which should be placed within society. When health care is socialized it ensures that it is available to everyone equally. No person, no matter their social class, or economic status should be denied medical attention for any reason. All humans are equal, which means equal treatment should be given to all. With public health care a person cannot be rejected treatment because they cannot afford it, or do not have health insurance. In a private health…

Words 1140 - Pages 5

Woman's Health Issues and Policy Essay

Women's Health Issues and Policy Women are huge consumers of health care services and have complex medical and wellness issues to deal with. A high percentage of this group also has the extra burden of being a caregiver to a family member while maintaining their own health problems. There are some major differences between men and women in the view of the health care system. Reproductive needs and higher rates of chronic health problems make women’s relationship with the health care system challenging…

Words 723 - Pages 3

Chapter 03 Essay

Chapter 3 Health Policy and the Delivery System Copyright © 2014 by Mosby, an imprint of Elsevier Inc. The Patient Protection and Affordable Care Act (PPACA)  New health care federal reform law signed in 2010 requiring the largest change in the financing of the American health care system since the enactment of Medicare and Medicaid     Designed to address the issues of affordability, accessibility, and financing of health care Focus efforts on meeting the needs of vulnerable populations…

Words 1768 - Pages 8

Health Care Utilization

Health Care Utilization Danjerell Burks HCS/235 July 16, 2014 Joseph Chiappetta The Affordable Care Act started changing the country’s health-care system almost from the moment it was signed into law in March 2010. It has already expanded coverage of young adults by allowing them to stay on their parents’ plans until they turn 26, outlawed lifetime limits on what insurance will cover, lowered the cost of drugs for seniors on Medicare, caused 13 million consumers to get premium rebates totaling…

Words 1301 - Pages 6

Essay on Blue Cross Blue Shield Case Analaysis

1.) Define the following terms: insurance premium, co-payment, HMO, MLR, Medicare, Medicaid, pre-existing condition, community rating rule, guaranteed issue rule. You may use the Internet but rephrase in your own words rather than copy-paste. Insurance premium: A health premium can be defined as a monthly fee paid to an insurance company to provide health coverage. This premium covers things as small as routine doctor visits to more serious hospitalizations. While the individual insured can make…

Words 1645 - Pages 7

History Of The Hungarian Health Care System

daily life. Of these many dependencies is the health care system. The nation-states of Europe are entitled to bring forth and confront these issues, in order to ensure a sense of safety and well being into the lives of everyday citizens. The significance of the health care system is that it is an issue people are always trying to reform and build upon. Working alongside this idea, is the notion that other countries will develop intellectual health care systems from understanding those system…

Words 2492 - Pages 10

Essay on The Paradox of the Affordable Care Act

The Paradox in the Affordable Care Act Submitted By: Vodney Wynn vewynn@aol.com October 12, 2014 PA582_CourseProject Table of Contents Introduction…………………………………………………………………………………………………………………3 The History of Healthcare Reform……………………………………………………………………………..…4 The Problem with the ACA……………………………………………………………………………………………6 The Current Policy………………………………………………………………………………………………………..8 Policy Alternatives………………………………………………………………………………………………………10 Evaluation Criteria………………………………………………………………………………………………………10…

Words 4244 - Pages 17

The Affordable Care Act

is a new health care reform that President Obama signed into law on March 23, 2010. The law was created to make health insurance more secure and reliable and most importantly accessible to all Americans according to Kathleen Sebelius, Secretary of the Department of Health and Human Services (HHS). It was also created with the intent of providing new ways to bring down costs and improve the overall quality of care. Secretary Sebelius has also identified six objectives for the new health care plan…

Words 2259 - Pages 10

Healthcare Essay example

Chapter 3 The Evolution of Health Services in the United States Learning Objectives To discover historical developments that have shaped the nature of the US health care delivery system To evaluate why the system has been resistant to national health insurance reforms To explore developments associated with the corporatization of health care To speculate on whether the era of socialized medicine has dawned in the United States “Where’s the market?” 81 26501_CH03_FINAL.indd 81 7/27/11 10:31:29…

Words 18329 - Pages 74