Edgar Kaiser

HMO Act Enables For-Profit Healthcare Expansion

| Importance: 8/10

President Richard Nixon signed the Health Maintenance Organization Act of 1973 into law on December 29, 1973, following Senate sponsorship by Edward Kennedy. The Act provided grants and loans to start or expand Health Maintenance Organizations (HMOs), removed certain state restrictions for federally …

Richard Nixon John Ehrlichman Edward Kennedy Edgar Kaiser healthcare-profiteering institutional-capture corporate-profit privatization
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