But because the reformer health insurance plans also covered funeral expenses, there was a big conflict.
In a nutshell, the bill limited coverage to the working class and all others that earned less than $1200 a year, including dependents.
The services of physicians, nurses, and hospitals were included, as was sick pay, maternity benefits, and a death benefit of fifty dollars to pay for funeral expenses. Costs were to be shared between workers, employers, and the state.
Other developed countries have had some form of social insurance (that later evolved into national insurance) for nearly as long as the has been trying to get it.
Some European countries started with compulsory sickness insurance, one of the first systems, for workers beginning in Germany in 1883; other countries including Austria, Hungary, Norway, Britain, Russia, and the Netherlands followed all the way through 1912.
But since this would have pulled the rug out from under the multi-million dollar commercial life insurance industry, they opposed the national health insurance proposal. The government-commissioned articles denouncing “German socialist insurance” and opponents of health insurance assailed it as a “Prussian menace” inconsistent with American values.
Other efforts during this time in California, namely the California Social Insurance Commission, recommended health insurance, proposed enabling legislation in 1917, and then held a referendum.
Rather, a recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
For more information, see the latest announcement from the NBER's Business Cycle Dating Committee, dated 9/20/10.
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