Sunday, January 13, 2013

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

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“Providing health insurance to all children in Americas will yield substantialeconomidc benefits,” wrote Vivian Ho, chair in healtj economics at Rice University and co-author of the report. Researchersz at the Baker Institute said childrenj who receive health care coverage go on to become more productive The cost incurred by insuring the children is offset by the increasec value of the additional life yeara and quality of life gainecd bymedical coverage, the report stated.
“Thde up-front incremental costs of universalo health insurance coverage for children arerelativel modest, and they will be offset by the valuwe of increased health capital gained in the long the report stated. The researc h was based on studies published in scholarlh journals examining the economic impact of failing toinsurd U.S. children. Researchers estimate that nearlyg eight million children inthe U.S. are uninsured, and the nation ranks third among the 30 industrialized members of the Organizatiob for Economic Cooperation and Development in percentage ofuninsuredd citizens.

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