High Point Enterprise Newspaper Archives Feb 10 1974, Page 48

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High Point Enterprise (Newspaper) - February 10, 1974, High Point, North Carolina Health insurance plan can Cut nation s medical Bill by Carl c. Craft associated press writer Washington a president Nixon a key strategist for National health insurance says that the new administration plan a in All likelihood a could have reduced the nations $100 billion medical Bill if it had been in operation this year. James h. Cavanaugh associate director of the president s Domestic Council said in an interview with the associated press that the proposal would rely upon a Cost consciousness Quot of Consumers to hold Down expenses by requiring co insurance and deductibles up to $1,500 a year. But by making health care available to everyone he added the plan would encourage people to seek treatment before a relatively minor ailment becomes a serious illness. Cavanaugh said the president intends to make National health insurance his a major no. I legislative priority Quot this year. Here Are questions and answers from the interview q. Essentially what is the president s proposal a. Well the president s program transmitted to Congress would provide that any individual in the United states would be Able to participate in a Basic insurance program that would provide financial Protection against the Cost of catastrophic illness As Well As to provide a whole series of health benefits a including unlimited hospitalization physician office visits and prescription drugs. Q. How would this differ from what the Public is getting now a. First the majority of the population today has absolutely no or very Little insurance Protection against the Cost of catastrophic illness. The president s plan would assure that everyone would have Access to that Type of Protection. Secondly his plan would insure out of Hospital services. So that we would remove the incentive which exists today to place a patient in a Hospital bed because that a the financing mechanism that the patient has to pay for his medical services that in instances can be obtained More cheaply outside the Hospital but they Are not today because there in t an insurance mechanism that pro Vides that coverage. Q. Will there be More expense to the individual a. The expense in terms of those who currently have insurance today of a rather Broad nature will be about the same. Q. Is it going to be higher or lower a. It will vary again in terms of the Broad based pack Ages that Are available today in a Range of from five per cent under existing premiums to five per cent Over. Q. Have there been any projections on the total Cost of the economic Impact of this program a both the total Federal Price tag. To the total Cost to states and the total Cost to employers and employees a. The program would not take effect a even if it is enacted this year a until 1976. There have been no firm projections of what would be in menus shoe Sale selected styles by. Florsheim. Crosby ski Are Freeman Avail Streeter slip on boots patents All styles but not every size in each style. Place in the medical Market place in 1976. There have been projections in terms of what the additional Federal Cost would be and what the additional state Cost would be Over and above what is now being expended. That total would approximate $6.9 billion. About $5.9 billion would be increased Federal expenditure about $1 billion would be increased expenditure on the part of the states. Q. The nation s total health expenditures now both Public and private exceed $100 billion a year. If the Nixon administration s plan had been in operation this year would total spending be higher or lower than that a. It is difficult to define. Some of the economists that we have talked to in the development of this program have indicated that in All likelihood it would be lower. That a because of the out of Hospital benefits that would reduce the Cost of hospitalization in the country and. Secondly because of the competitive nature of the insurance program that is envisioned that would actually provide for Competition Between insurance companies on the Benefit package that they would offer above the Basic plan. Q. Critics of the administration s Bill say that it does not place enough emphasis on Cost control. A. The president s plan would have each of the states establish a program that would not Only provide for regulation of the health insurance Industry that would offer policies under his program but would also have a provision for the review of costs that Are billed against the program by providers. Specifically there is a provision that would review. Hospital budgets. There mechanisms established that would review rates that would be paid to providers under the program. In his message the president indicated that he Felt a that the economic stabilization program that portion of it that relates to medical care prices should be extended at the Federal level to control and continue the work that a been done on Price control in the medical Industry until this program were enacted and would be in place. Answer too ays puzzles a a. Mai in Gwo a a to a i an a Quot a a. To a in in j i. Vick paint amp wallpaper co. 120 Church St 882-8425 y un&Quot"0. to 39.95 $ 17 80 Vii 21. of clothing stores Downton muoi poot repack front wheel bearing. Standard brakes $4.50 disc brakes $14.50 align front end. Adjust camber. Caster Tow in Check Complete suspension special. S9.50 tune up now in 0 Jolly Anomie to Quot a Ait Stilt amp sole Wen Biegy Kyc plugs pot a Adjui inter dwell. Set f 4 choke Peel p sch to special 31.50 includes All labor amp plugs Points amp condenser i performance engine slightly higher we will Wash your car with either special free of charge. Southern Chrysler Plymouth inc. A Joi South main Street the last Shock you la Ever buy. For your present car sub heavy. Duty show prevent rust indoors and out the Miracle rust preventive with 1001 other uses by. shop monday night a til 9 . Save 4.08 test High voltage 2 Days Only Sears Auto Center opens 8 30 . Daily for your shopping convenience 4309 a a a a a a a it in in in Ntoni in pvt ii Man Mumm is i Mimi it m w m High voltage Means straight through the partition cell connectors deliver More initial starting Power than an otherwise identical Battery with up and Over cell connectors. Battery guarantee free replacement within 90 Days of Purchase if Battery proves defective. After 90 Days we will replace it with a new Battery if defective charging Only for the prod of ownership. Your monthly charges for ownership will be computed by dividing the current Selling Price less Trade in at the time of return by the number of months of guarantee. 36-month guaranteed Sears High voltage Battery dept ending upon driving conditions a car s electrical requirement can vary widely even for tin same Model. Bring your ear to sear. Well help you choose the right Battery. Flus starting and charging system Lewis Are performed with each Battery installation. Regular $23.95 exch. 195? Sears. Home of the diehard Hatter y i so one of Sears convenient credit plans tune a p our tar regularly for Reiter performance and Gas mileage Vii. Tune up kit / % i Vav save 1. 77 i i tune a kit 122 spectrum motor Oil regular 2.99 sear Loa Price 59 motor Point gauge condenser lubricant and full instruction. Oil filter Reg. 2.09.1.22 meet or exceed ult new cur warranty requirement for Toul Tig rude motor Oil. Save >8.44 on 4 Sears Shock absorbers original equipment replacement regular $ 1.99 2 88 Gar ii help restore to it old handling control and ride smoothness. Size to fit most american made ears. Lat Low co installation available. Sear. Home of the steady hider Shock absorber. Auto Center opens 8 30 . Daily save $42 to 67.20 on 4 Dyn Glass belted �?o78 guaranteed 28,000 Miles fit Joy a smooth ride thanks to he 2 polyester Cord plies while twin fiber Glass belts hold the tire Flat against the Road to help reduce tread wearing squirm and wiggle. W Ideth series tread really grabs hold of the Road it even looks Lough hurry. Sub ends saturday. Uyn Agla healed a eth Heulur or ice i tire 2 tires 3 tires 4 tire Federal excise tax Ctb-13 $33 29.73 $36 $78.75 $98 $2 Kth-1 i $10 >11 $61 $90 $112 2.33 1-78-1 $12 33.70 67.20 94.50 $117.60 $ so i $43 38.25 $72 101.23 $126 2.67 gts-13 $17 39.95 73.20 105.23 131.60 2.74 1178-15 $30 to to 112.30 a to to 2.97 1.78-13 $36 17.60 89.60 $126 156.bo 3.13 t l l on a a Ali tire ask about the Sears steel belted radial shop at Sears and save satisfaction guaranteed or your Money Back Sears Roebuck and co. Sears Highway passenger tire guarantee of you do not receive the number of Miles specified because of your tire becoming unserviceable due to i defect 2 Normal Road Hazard or 3 tread Wear Oul we will at our option Exchange it for a new lire or give you a refund charging in either Case Only the proportion of the then current telling Price plus Federal excise tax that represents mileage used of the lire is unserviceable due to any of the above reuses before 10% of the guaranteed mileage is received the replacement or refund will be made with no charge for mileage received. Natl punctures will be repaired Al no charge guarantee applies to tires on vehicles used for private family purposes. Tire and Auto Center to s. Vrenn St. High Point no. Auto Center 885-3111 retail 885-4051 Auto Center opens 8 30 daily

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