The Associated Hospital Service of New York which showed 197 hospitals in the metropolitan area how to make money by charging potential patients only 3¢ a day (TIME, April 6), last week further cheapened the cost of profitable hospitalization. Henceforth a man (or woman) whose employer will deduct the premiums from his wages can insure self and spouse against big hospital bills by paying 5¢ a day, can insure self, spouse and all children under 19 years of age for 7¢ a day.
The economic formula is simple. Insurance statistics and 16 months' experience...
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