Thursday, February 14, 2013

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

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“Providing health insurance to all childremn in America will yield substantialeconomic benefits,” wrote Vivian Ho, chair in health economics at Rice University and co-autho of the report. Researchers at the Baker Institute said childrenh who receive health care coverage go on to becomwe moreproductive adults. The cost incurre by insuring the children is offset by the increases value of the additional life years and quality of life gained bymedical coverage, the report stated.
“Thd up-front incremental costs of universal health insurance coverage for childrem arerelatively modest, and they will be offset by the valur of increased health capital gained in the long the report stated. The research was based on studiews published in scholarly journals examining the economic impactt of failing toinsure U.S. Researchers estimate that nearly eight million children inthe U.S. are and the nation ranks third among the 30 industrializefd members of the Organization for Economic Cooperation and Development in percentagde ofuninsured citizens.

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