In early 1971, President Nixon proposed a radical new healthcare programme. The Family Health Insurance Plan (FHIP) proposed a national floor under health insurance, with national eligibility standards. All employers with one (later revised to ten) or more employees were to provide standard health insurance to their employees and their families, with federal subsidies to help those who could not afford the policy being made available. Now often compared to Obamacare, and in some respects more ambitious, the full FHIP never gained congressional backing.
John Price worked for the Nelson Rockefeller primary campaign before joining the Nixon White House. He later held senior positions at JP Morgan Chase and served as President and CEO of Federal Home Loan Bank of Pittsburgh from 2006-2010.
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