And that's how you make 10-fold profit on death.
Insurers Will Be Allowed To Charge Higher Premiums For Sick Children.
The New York Times (10/14, Pear) reports, "The Obama administration, aiming to encourage health insurance companies to offer child-only policies, said Wednesday that they could charge higher premiums for coverage of children with serious medical problems, if state law allowed it." Many "major insurers, faced with an unprofitable business," have "stopped issuing new child-only policies." Now, the administration said insurers "could charge higher premiums to sick children outside the open-enrollment period." In "a series of questions and answers intended to clarify its reading of the law, the administration said Wednesday that insurers had two options. They can enroll all children year-round, or decline to enroll all children outside the open-enrollment period."
The Hill (10/14, Pecquet) "Healthwatch" blog reports, "Health and Human Services Secretary Kathleen Sebelius said Wednesday that health insurers can't make it harder to enroll sick children." But the insurers can "charge higher premiums for children with pre-existing conditions." Insurers "have come under intense pressure from Democrats and health reform advocates not to drop coverage, and they've had to come up with ways to prevent families from only buying insurance for their children when they become sick."
The New York Times (10/14, Pear) reports, "The Obama administration, aiming to encourage health insurance companies to offer child-only policies, said Wednesday that they could charge higher premiums for coverage of children with serious medical problems, if state law allowed it." Many "major insurers, faced with an unprofitable business," have "stopped issuing new child-only policies." Now, the administration said insurers "could charge higher premiums to sick children outside the open-enrollment period." In "a series of questions and answers intended to clarify its reading of the law, the administration said Wednesday that insurers had two options. They can enroll all children year-round, or decline to enroll all children outside the open-enrollment period."
The Hill (10/14, Pecquet) "Healthwatch" blog reports, "Health and Human Services Secretary Kathleen Sebelius said Wednesday that health insurers can't make it harder to enroll sick children." But the insurers can "charge higher premiums for children with pre-existing conditions." Insurers "have come under intense pressure from Democrats and health reform advocates not to drop coverage, and they've had to come up with ways to prevent families from only buying insurance for their children when they become sick."