Committee Prints, 9. izdevumsU.S. Government Printing Office, 1962 |
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16 million 1962 coverage estimate 1962 MAIN READING 2664 as amended 87th Congress actuarial value Administration bill Anderson Aging U.S. GOVERNMENT Bow H.R. calendar Committee on Aging COMPARISON OF HEALTH day of hospital deductible drugs ees and employers eligible for OASI Federal Government plan health benefits plan health costs HEALTH INSURANCE PROPOSALS Holland H.R. 94)¹ home health services hospital services income test INSURANCE Administration bill Javits King H.R. King-Ander Libraries 1817 ARTES Lindsay H.R. McNamara means tests MICHIGAN JUN 19 nursing home services OASDI OASDI benefits OLDER PERSONS PAT MCNAMARA percent for self-employed percent in social persons 65 persons eligible private health insurance private insurance PROPOSALS FOR OLDER provides health benefits revenue financing Secretary of HEW services after transfer similar to King-Anderson Skilled nursing home social insurance Social Security eligibles Social Security financ social security tax Special Committee tax for employ U.S. GOVERNMENT PRINTING uninsured UNITED STATES SENATE University of Michigan
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3. lappuse - To qualify, a private health benefits plan must be "guaranteed renewable for life." A plan may qualify even though it has a range of benefits different from the Government plan so long as (a) its benefits in the categories covered by the Government plan have a value of at least 60 percent of the Government plan and (b) its benefits for all categories combined have an actuarial value at least equal to that of the Government plan. Beneficiary choosing option (2) may assign his cash payment to a carrier....
3. lappuse - OR (2) monthly cash payment if covered by a qualified private health insurance policy or health benefits plan which has an actuarial value equal to that of the Government plan; (cash payment is to be $8 per month initially, but after 2 years of operation could be varied according to age to take account of adverse selection of risks against the Government plan). To qualify, a private health benefits plan must be "guaranteed renewable for life.
1. lappuse - Security financing, plus general revenue financing for uninsured aged who are subject to an income test unless past age 72. (Prior to amendment, all under 72 were subject to income test.) Beneficiary selects among (a) short-term benefits with no deductible, (b) longer-term benefits with deductibles or (c) payment of up to $100 toward premiums for approved private health insurance policy. Uses Social Security financing and benefits, identical to KingAnderson, in combination with (1) a cash option...
5. lappuse - K of 1 percent in 1972. (b) General revenue financing of benefits for uninsured. (a) Same as King-Anderson for Social Security eligibles; (b) General revenues of States and Federal Government for uninsured ; Federal share — 55 to 85 percent of expenditures in State. Financed from general revenues.
3. lappuse - OR (3) Payment to an insurance carrier of premiums up to $100 per year on a renewable private health insurance policy that provides benefits which the Secretary of HEW determines to be of a value not less than the value of benefits under options (1) or (2). Eligible individuals have option between: (1) coverage under the "Government plan...
5. lappuse - Administration States make payments for health services. Other functions Federal except as may be delegated to States. Generally same as King-Anderson. State insurance commissioners would determine whether private insurance plans qualified under the option for cash payments toward premiums, and State agencies would determine if uninsured meet means tests. Treasury Department woi minister.