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California Gov. Goodwin J. Knight advocates voluntary private health insurance plans with $50 or $100 deductibles like auto collision policies, preferring it over President Eisenhower's reinsurance proposal; suggests a non-competing state fund if private companies can't handle it.
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Private Health Insurance
Similar To Auto Policies
SACRAMENTO, Calif. (AP)--Gov. Goodwin J. Knight advocates voluntary private health insurance plans written like $50 or $100 deductible auto collision policies.
If private insurance companies can't handle the load alone, he told his news conference yesterday, he favors setting up a non-competing state medical insurance fund which would offer policies on a strictly voluntary basis.
Knight said his idea was a better solution than President Eisenhower's proposal for a system of government reinsurance of private medical plans.
The governor favors letting private insurance companies write policies under which the insured person would pay the first $100-- or whatever the deductible figure is and the company the rest.
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Domestic News Details
Primary Location
Sacramento, Calif.
Event Date
Yesterday
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Event Details
Gov. Goodwin J. Knight advocates voluntary private health insurance plans written like $50 or $100 deductible auto collision policies. If private insurance companies can't handle the load alone, he favors setting up a non-competing state medical insurance fund which would offer policies on a strictly voluntary basis. Knight said his idea was a better solution than President Eisenhower's proposal for a system of government reinsurance of private medical plans. The governor favors letting private insurance companies write policies under which the insured person would pay the first $100-- or whatever the deductible figure is and the company the rest.