PBS- Healthcare Crisis: Healthcare Timeline: "In the 1950s, the price of hospital care doubled. Now in the early 1960s, those outside the workplace, especially the elderly, have difficulty affording insurance.
1960s
Over 700 insurance companies selling health insurance.
Concern about a 'doctor shortage' and the need for more 'health manpower' leads to federal measures to expand education in the health professions.
Major medical insurance endorses high-cost medicine.
President Lyndon Johnson signs Medicare and Medicaid into law.
'Compulsory Health Insurance' advocates are no longer optimistic'.
The number of doctors reporting themselves as full-time specialists grows from 55% in 1960 to 69%."
Tuesday, March 30, 2010
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