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The 2-year model, which was also backed by the Bank of Israel, will allow the government to present a long term plan and maintain market stability. The ministers also unanimously approved Steinitz’s proposal to implement a calculation system that would increase the government’s annual expense rate from 1.7%
David Goldhill, in his enlightening book Catastrophic Care , declared: “…a guiding principle of any reform should be to put the consumer, not the insurer or the government, at the center of the system. In 1942, President Roosevelt worked with Congress to pass the Stabilization Act of 1942.
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