Medford mail tribune., January 19, 1961, Image 25

MEDFORD MAIL TRIBUNE, MEDFORD, ORE.
THURSDAY. JANUARY 1. IH1
Record Number
Of Persons Have
Health Insurance
New York A record
132 million Americans were
protected by some form of
health insurance at the end
of 1960, the Health Insurance
Institute reported today.
During the past year record
benefits of $5.6 billion were
paid out to persons covered by
health insurance, the institute
said.
In a review of the past year,
the Institute estimated the
number of persons having hos
pital insurance had increased
by 4 million to 132 million as
of Dec. 31, 1960. Some 120
million had surgical insur
ance, an increase of 3 million
over the 1959 year-end count.
Regular medical insurance,
: which helps pay for the cost
of doctor calls, protected 86
million persons at the end of
; 1960; 25 million had major
medical insurance, and 43 mil
lion had loss-of-income irtsur-'
; ance. . .
1959 Figures
The 1959 figures showed 83
' million with regular medical
; insurance, some 22 million
with major medical coverage,
; and 43 million with loss-of-
Income insurance.-
The institute said that 73
per cent of the U.S. popula
tion had some form of health
insurance by the end of 1960.
An interim report on health
insurance issued last month
hv the U.S. Department of
Health. Education and Wei
fare (HEW) had estimated
- that "at least two-thirds of
the people now living In the
United States have some Kina
of protection." The HEW esti
mate was 'derived from an
. interview survey of approxi
mately 19,000 households dur
ing the period July-December,
1959.
Persons Covered
The institute's figures were
based on an actual count of
persons covered by policies
and contracts issued by insur
ance companies and other in
suring organizations, includ
1 ing Blue Cross-Blue Shield. Al
lowance was made for dupli
cation of coverage.
The benefit payments of
$5.8 billion in 1960 represent
ed an increase of about 9 per
cent over the $5,175,000,000
paid out in 1959, the institute
said. Insurance companies
paid out an estimated $3 all
. lion of the I960 benefits,. and
all other insuring organlza-
' lions paid out the remaining
$2.6 billion.' In 1958 '.Insur
ance companies paid out $2,-
840,000,000 in health benefits
and other, organisations paid
out $2,335,000,000, said the
Institute. 1
A recent study by the Insti
tute listed more than 1,200
Insuring organizations in the
health insurance field, includ
ing 737 insurance companies.
Raw Materials to
Be Scarce by 1980
Washingtbn - (Science Serv
ice) - By 1980 the - United
States and Canada will need
twice as much industrial raw
material as they now use. Be
cause of this high rate of con
sumption, these countries can
no longer be classified as sur
plus materials areas, stated
Wilbert G. Fritz of the U.S.
Office of Civil and Defense
Mobilization in a special re
port prepared for the Cana
dian-American committee.
During the' next 20 years
the United States and Canada
' will become more dependent
upon each other for sources
of industrial raw materials.
The United States will import
more Iron ore, natural gas and
. nickel from Canada, and Cana
. da will depend upon the
United States for more coal,
molybdenum and phosphate.
In addition to the transfer
of raw materials across the
.' border, both countries will
' also rely more heavily on
overseas sources of supply,
Credit Union Sets
Meeting in Medford
The annual meeting of the
Jackson county federal em
ployecs' credit union will be
held at Kim's restaurant at
7 p.m. Friday, Sidney Ross,
, president, has announced.
All federal employees In
Jackson county, and credit
union members are invited to
attend.
Dr. E. Dean Anderson
Portland, director of Credit
Union National association
will speak. Officers will be
elected during a short bust
ncss meeting. Questions or
suggestions on the credit un
; inn operation can be brought
up at this time, Rom said.
Those planning to attend
should call Ross at TAIbot
6-2281. Milllcent Pestka at
TAIbot 6-9381, or Lee Hub-
ler at SPrlng 3-4515.
: Tw(VlhirH nf Smrth Caro
lina - 10,732,000 acres - are
planted with trees. Most are
pine and cypress.
There are four times asj
igany night traffn faUlitiaij
as in y day. O
V CONFIDENCE j
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