National Voluntary Medical and Hospital Services Insurance Act

[AI summary unavailable — showing source text] National Voluntary Medical and Hospital Services Insurance Act - Creates the National Voluntary Medical and Hospital Services Insurance Agency to operate a National Voluntary Medical and Hospital Services Insurance Plan with funds supplied by voluntary subscriptions and matching United States Treasury funds, to pay all reasonable costs of all medically necessary and appropriate medical and hospital services for all voluntary enrollees. Authorizes the appropriation of $50,000,000 for the first calendar year after this Act becomes effective for the Agency to carry out its duties under this Act. Directs that payment be made by the plan to or on behalf of every enrollee for all legal, appropriate, and professionally recognized and medically necessary service provided as a personal professional service by or under the direct supervision of a licensed medical doctor, whenever performed. Specifies services excluded from benefits of the plan. Requires premium payments in the amount of 18 dollars per month for each adult and one-half of the amount for each child. Stipulates that subscribers with a total earned and unearned family income of less than $12,000 per year shall be entitled to hav…