Why would you use the term paranoia? I'm pretty sure Nixon is not still around?
And I am somewhat bemused that you would conclude that I don't realize the President can't sign anything into law aside from their Ex Privilege entitlement.........Now I may have fallen into the boomer trap and not verified the story before posting which I always do
The
Health Maintenance Organization Act of 1973 (Pub. L. 93-222 codified as 42 U.S.C. §300e) is a United States statute enacted on December 29, 1973. The Health Maintenance Organization Act, informally known as the
federal HMO Act, is a
federal law that provides for a trial federal program to promote and encourage the development of HMOs. The federal HMO Act amended the
Public Health Service Act, which Congress passed in 1944. The principal sponsor of the federal HMO Act
was Sen. Edward M. Kennedy (MA).
President Richard Nixon signed bill S.14 into law on December 29, 1973.
Richard Nixon: Statement on Signing the Health Maintenance Organization Act of 1973
It included a mandated Dual Choice under Section 1310 of the Act.
Health Maintenance Organization (HMO) is a term first conceived of
by Dr. Paul M. Ellwood, Jr. The concept for the HMO Act began with discussions Ellwood and his Interstudy group members had with Nixon administration advisors who were looking for a way to curb medical inflation.
[5] Ellwood's work led to the eventual HMO Act of 1973.
It provided grants and loans to provide, start, or
expand a Health Maintenance Organization (HMO); removed certain state restrictions for federally qualified HMOs; and required employers with 25 or more employees to offer federally certified HMO options IF they offered traditional health insurance to employees. It did not require employers to offer health insurance. The Act solidified the term
HMO and gave HMOs greater access to the employer-based market. The Dual Choice provision expired in 1995.
https://en.wikipedia.org/wiki/Health_Maintenance_Organization_Act_of_1973
HMO quality: Does for-profit status matter? | Medical Economics
President Nixon appeased the left and proposed the HMO Act, which Congress passed in 1973. The law created new, supposedly cheaper health coverage with millions of dollars to HMOs, which, until then, constituted a small portion of the market. Kaiser Permanente was the only major HMO in the country by 1969 and most of its members were compelled to join through unions.
Combined with Medicare, the HMO Act eventually eliminated the market for affordable individual health insurance.
The History of HMOs | Capitalism Magazine