Health Insurance - Further Readings - Care, Hmo, Patient, and Medical - JRank Articles

hmo medical insurance

care hmo patient medical

Health insurance originated in the Blue Cross system that was developed between hospitals and schoolteachers in Dallas in 1929. Blue Cross covered a pre-set amount of hospitalization costs for a flat monthly premium and set its rates according to a "community rating" system: Single people paid one flat rate, families another flat rate, and the economic risk of high hospitalization bills was spread throughout the whole employee group. The only requirement for participation by an employer was that all employees, whether sick or healthy, had to join, again spreading the risk over the whole group. Blue Shield was developed following the same plan to cover ambulatory (i.e. non-hospital) medical care.

The Blue Cross/Blue Shield plans were developed to complement the traditional method of paying for HEALTH CAR... http://motor-insurance.ucoz.com/news/hmo_medical_insurance/2013-05-27-2573