Question

What was the health insurance policy most people had prior to the 1980s ?

Answer 1

the 1850s to 1900s: Accident insurance was first offered in the United States by the Franklin Health Assurance Company against injuries arising from railroad and steamboat accidents. Around sixty organizations were offering accident insurance in the US by 1866.While there were earlier experiments, sickness coverage in the US effectively dates from 1890.

The 1900s to 1950s: The first employer-sponsored group disability policy was issued in 1911, but this plan's primary purpose was replacing wages lost because the worker was unable to work, not medical expenses. Before the development of medical expense insurance, patients were expected to pay all other health care costs out of their own pockets, under what is known as the fee-for-service business model.