The Baylor Plan Introduces Prepaid Hospital Care
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Medicine, Health, Economics
- Subcategories: Business
- Curriculum: American History 1901-1950
- Geographical Location: Texas
- Date: 1929
Article abstract: By finding a solution to the problem of high medical bills, the Baylor plan contributed to the evolution of a unique financing system that preserved a medical care system based on technically advanced nonprofit hospitals.
Summary of Event
The plan for prepaid hospital care established in 1929 at Baylor University Hospital played a key role in the evolution of the Blue Cross Association and of voluntary health insurance in the United States. The Baylor plan itself was a response to the financial problems resulting from the changing role...
[The entire page is 2396 words long]
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