Page 10
THE BATTALION
WEDNESDAY, JUNE 26, 1974
Economics prof says
• come to DIAMOND COUNTRY
Health insurance wont lower cost
“Until government edict can heal
the sick, national health insurance
programs cannot produce more
medical care nor can they lower its
cost,” Dr. W. Philip Gramm, pro
fessor of economics at TAMU, said
Wednesday in a presentation at the
annual convention of the American
Take a few minutes to
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Medical Association in Chicago.
“It is an exercise in self-deception
to think that letting the government
pay America’s medical bills will
lower costs. In fact, if our experi
ence follows the pattern of other na
tions which have used a government
payment system, costs will rise
sharply and quality will fall,’’
Gramm said.
Dr. Gramm noted that “the prob
lem with all government programs
is that they fail to recognize that
government intervention affects the
way people behave. When Medi
care cost estimates were made, the
bureaucrats assumed that the level
of usage of care of those covered by
the program would remain the same
as before the program, ” he said. “In
fact, the demand for medical care by
individuals covered by Medicare
rose by 200 percent more than did
the demand by non-covered indi
viduals in the period 66-’68. Hospi
tal care usage rose 191 percent and
physician services usage rose 192
percent more than the usage of
non-covered individuals.”
Gramm warned against failing to
account for increased demand when
the user cost falls under National
Health Insurance. He claimed that
the Kennedy plan would send med
ical demand up $50 billion and
cause prices to skyrocket.
Gramm said that Professional
Standards Review Organizations
(PSRO), a system of price and
methods control by government
over physicians’ practices, “will not
hold prices down nor will they pro
duce more medical care. PSRO's
are a form of price control and a
review of our 5,000 years history of
Oil independence
in US called for
A Texas A&M University profes
sor will call for U. S. independence
in oil and gas at an energy self-
sufficiency symposium.
Dr. Paul B. Crawford, assistant
director of the Texas Petroleum Re
search Commission and professor of
petroleum engineering, is chairman
of a research committee sponsored
C Knieger-Duim y
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NOON and EVENING
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Served with
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Cornbread Dressing
Rolls - Butter - Coffee or Tea
Giblet Gravy
And your choice of any
One vegetable
‘QUALITY FIRST” —
by the Interstate Oil Compact
Commission (IOCC).
The project will explore require
ments for oil and gas independence
in a symposium that is scheduled to
begin Monday in Vail, Colo.
Crawford gave a preview of what
he will tell members of the commis
sion. “Energy self-sufficiency will
provide substantial benefits to our
nation, he reported. “Energy self-
sufficiency will provide new jobs
and employment for several million
Americans. On the basis of past and
current trends in the volume and
prices of imported crude oil, energy
self-sufficiency is indicated to pro
vide the United States people with a
$100 billion savings in our foreign
purchases in the next decade.
“Energy self-sufficiency will
make our nation stronger for na
tional defense, Crawford went on.
“Americans will sleep a bit sounder
at night, knowing that we do not
have to rely on crude oil tankers to
bring energy to America.
“No longer would our energy
supply be exposed on the oceans for
three weeks per trip and thereby
serving as sitting ducks. In the
event of a national emergency we
have no reason to expect that a
single tanker of foreign crude would
ever reach our American
shoreline.
The commission chairman, Ok
lahoma Gov. David Hall, said of
Crawford and the symposium, “If
America is ever to develop energy
self-sufficiency, it will be men like
Dr. Crawford who provide the
necessary hard work and technical
expertise. In the future, we shall all
be indebted to Dr.
Crawford ... in this time of
energy uncertainty.
Additional discussions and exper
tise will be provided by IOCC
members attending the meeting,
according to Crawford. He said
panelists and attendants are ex
pected to also discuss the legal envi
ronment regulatory, secondary re
covery and conservation require
ments for self-sufficiency.
The goal of this symposium, says
Crawford, is to provide some ans
wers to the many difficult problems
that lie ahead.
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price controls clearly indicates that
they do not work. If government has
never been able to make controls
work in basic products such as food,
how can we expect them to work on
medical care where the product is
not quantifiable.”
Gramm urged America’s doctors
to refuse to participate in PSRO’s.
“To give bureaucrats the power to
dictate medical practice is to invite
government control of medicine in
America, ” Gramm said. “Surely the
American people are not ready to
transfer the control of the greatest
medical care system in the world to
a government which has balanced
its budget once in 26 years, defaced
the value of its currency by 50 per
cent in a decade, and proven itself
incapable of providing any form of
goods or services to its citizens on an
efficient basis.”
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Hardware
Bryan-College Station area prop
erty owners should stop at Room
216 of the MSC. They may list avail
able property for rent or lease in the
following categories: Rooms in pri
vate homes; houses, furnished and
unfurnished; apartments, furnished
or unfurnished; mobile homes, fur
nished or unfurnished.
“Since student enrollment ex
ceeds on-campus housing
capabilities, incoming students are
searching for living quarters now
very much in demand,” says L. E.
Weston, Secretary, Student “Y” As
sociation.
This information cannot be taken
over the phone because property
owners are required to sign a certifi
cate that they will abide by the Fair
Housing Act as endorsed by the
State of Texas.
ARMSTRONG
CONGOLEUM
GAF
WALLCOVERINGS BY
BIRGE
DWOSKIN
WALL CLAD
AND OTHERS . v
Car-bicycle
accidents
increase
The number of car-bicycle acci
dents in Texas has increased by 113
percent since the 55 miles per hour
speed limit was invoked, according
to a Department of Public Safety
report.
The report went on to say:
There has been a 120 percent in
crease in the number of speeding
tickets issued on state highways.
Traffic fatalities have decreased
by 28 percent since the slow-down.
State drivers have decreased
their total number of miles driven
by five percent.
The only drawback visible to the
average observer of the 55 mph
speed limit is a loss in time,' while
the 400 lives saved in the past four
months make the wait well worth
while.
This
man is special
m, ■. ilvll
JERRY H. BIRDWELL, JR. 823-5344
Jerry Birdwell is a specialist in Optional Retirement
Plans and Tax Sheltered Annuity Programs to provide
future financial security for faculty and staff. He under
stands the problems and opportunities peculiar to your
profession and would like the opportunity to be of service
to you.
3200 So. College Ave.
P. O. Box 3667
Bryan, Texas 77801
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