Medicine: Blue Cross Bearing Down

Watchdogging medical costs

Medical costs in the U.S. are so high partly because nonprofit insurance companies and government programs have been paying most doctor and hospital bills, with few questions asked. One person who wants to do something about it is President Carter, who has proposed setting cost ceilings on medical services. Now the Blue Cross Association, representing the largest conglomerate of hospitalization insurers, has joined the Carter cost-cutting crusade.

Last week Walter J. McNerney, president of Blue Cross, announced that its 69 member-plans had agreed on a new program of cost containment for...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!