ABC Evening News for Thursday, Feb 26, 1976
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(Studio) FTC (Federal Trade Commission) investigates whether doctor control of Blue Shield med, insurance is driving up medical costs and fees.
REPORTER: Harry Reasoner
(DC) Americans paid $20 billion in medical bills last year $3 billion paid by Blue Shield. Critics say Blue Shield doesn't try to keep costs down. Major of each Shield board are non-doctors but critics say doctors elect these representatives [Health research group Dr. Sidney WOLFF - says those who set Blue Shield rate are benefactors.] President designate of National Association of Blue Shield Plans, William Ryan, says Shield will cooperate with FTC. Says growth of Blue Shield proves company not gouging the public.
REPORTER: Dan Cordtz
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