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Health insurance regulation sought by administration
Washington officials announced plans to seek federal regulation of private health insurance companies to ensure fair pricing and quality coverage for most Americans. HEW Secretary Richardson outlined measures requiring employer plans, federal standards for states, independent insurer audits, cost disclosures, and insurance pools for small employers and the unemployed, with standby federal authority if states fail. The administration backs Kennedy's cradle-to-grave proposal but cautions against overpromising.
MENTIONED IN THIS ARTICLE
Washington
UPI
Congress
Eliot L. Richardson
Department of Health, Education and Welfare
Horse Ways and Means Committee
Richardson
HEW
Edward M. Kennedy
Kennedy
Wilbur D. Mills
D-Ark
Ways and Means Committed