Monday, April 9, 2012

Study: Long-term benefits trump cost of health insurance for all U.S. children - Atlanta Business Chronicle:

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“Providing health insurance to all children in America will yieldr substantialeconomic benefits,” wrote Vivian Ho, chair in healthb economics at Rice Universityu and co-author of the report. Researchers at the Bakerr Institute said children who receive healtn care coverage go on to become moreproductive adults. The cost incurred by insuring the childrehn is offset by the increased value of the additionall life years and quality of life gained bymedical coverage, the report stated.
“The up-fronyt incremental costs of universal healthu insurance coverage for children arerelativelyg modest, and they will be offset by the valuew of increased health capital gained in the long the report stated. The research was basesd on studies published in scholarlyg journals examining the economi c impact of failing toinsure U.S. children. Researcherzs estimate that nearly eight million children inthe U.S. are and the nation ranks third among the 30 industrialized members of the Organization for Economi c Cooperation and Development in percentage ofuninsured citizens.

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