IN the U.S. today, only the rich can afford to be ill; even the modestly well-off may not be able to bear the financial burden of a long, debilitating illness. The average daily cost of hospitalization has risen from $56 to $144 since 1960, while the nation's total health bill has more than doubled, to $70 billion, or $324 per person, a year. As his prescription for the malaise of the American health-care system, President Nixon last week sent to Congress a package that aims to improve and augment existing programs through private enterprise...
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