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The Forerunner of What Is Known Today as the BlueCross

question 11

Multiple Choice

The forerunner of what is known today as the BlueCross plan began in 1929 when Baylor University Hospital in Dallas, Texas, approached teachers in the Dallas school district with a plan that would guarantee up to 21 days of hospitalization per year for subscribers and each of their dependents, in exchange for a $6 annual premium. This was considered a __________ plan.


Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, which may pertain to bonds, loans, lines of credit, or other forms of debt financing.

Coup d'état

A sudden and illegal seizure of government power by a small group, often military, displacing the existing government authorities.

Constitutional Democracy

A system of government where laws and policies are made within the framework of a constitution, and the power is exercised directly or indirectly through elected representatives.

Grassroots Activities

Grassroots Activities refer to actions and initiatives taken by local, ordinary people rather than those led by political or commercial organizations, often aiming at social or political change.

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