Word: mcnerney
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...devise a plan of their own, the American Hospital Association (representing 5,464 of the nation's 6.876 hospitals) and the Blue Cross Association (representing 79 plans covering 57 million people) set up a task force under Blue Cross's hard-driving new president, Walter J. McNerney, 36. Said McNerney, a specialist in medical economics fresh from the University of Michigan faculty: "We feel the Government should supplement and strengthen our existing hospital programs rather than supplant them...
About one-quarter of the 16 million Americans over 65 already have some hospital-cost coverage through commercial insurance, and another third have it through Blue Cross. But no two Blue Cross plans are alike in premiums or benefits. What McNerney proposed was, "for the first time in history, a uniform set of benefits on a nationwide basis," for all people over 65 regardless of their state of health. Main benefit would be as many as 70 days' hospitalization a year. As with most present Blue Cross plans, subscribers would get nothing toward doctors' bills...
...this, said McNerney, individuals with enough money should pay their own premiums. But he believes that for those who cannot pay their own premiums, Government help is the only alternative. The A.H.A. and the Blue Cross still flatly oppose the King-Anderson bill...
Provided the plan is run as a nonprofit, voluntary, prepayment system, McNerney said, "the tax source of the funds is of secondary importance...
...McNERNEY...