{"id":1198,"date":"2010-10-08T12:41:19","date_gmt":"2010-10-08T17:41:19","guid":{"rendered":"http:\/\/www.phyrfight.com\/weblog\/?p=1198"},"modified":"2010-10-08T12:41:19","modified_gmt":"2010-10-08T17:41:19","slug":"economics-of-health-care","status":"publish","type":"post","link":"https:\/\/www.phyrfight.com\/weblog\/?p=1198","title":{"rendered":"Economics of Health Care"},"content":{"rendered":"<p>From Reason.com:<\/p>\n<blockquote><p>\nHealth insurers Wellpoint, Cigna, Aetna, Humana, and CoventryOne will stop writing policies for all children. Why? Because Obamacare requires that they insure already sick children for the same price as well children.<\/p>\n<p>That sounds compassionate, but\u00e2\u20ac\u201din case Obamacare fanatics haven&#8217;t noticed\u00e2\u20ac\u201dsick children need more medical care. Insurance is about risk, and already sick children are 100 percent certain to be sick when their coverage begins. So if the government mandates that insurance companies cover sick children at the lower well-children price, insurers will quit the market rather than sandbag their shareholders. This is not callousness\u00e2\u20ac\u201dit&#8217;s fiduciary responsibility. Insurance companies are not charities. So, thanks to the compassionate Congress and president, parents of sick children will be saved from expensive insurance\u00e2\u20ac\u201dby being unable to obtain any insurance! That&#8217;s how government compassion works.\n<\/p><\/blockquote>\n<p>It&#8217;s all about economics.<\/p>\n<p><a href=\"http:\/\/reason.com\/archives\/2010\/10\/07\/congress-cant-repeal-economics\">Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From Reason.com: Health insurers Wellpoint, Cigna, Aetna, Humana, and CoventryOne will stop writing policies for all children. Why? Because Obamacare requires that they insure already sick children for the same price as well children. That sounds compassionate, but\u00e2\u20ac\u201din case Obamacare fanatics haven&#8217;t noticed\u00e2\u20ac\u201dsick children need more medical care. Insurance is about risk, and already sick [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[57,58,59],"_links":{"self":[{"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=\/wp\/v2\/posts\/1198"}],"collection":[{"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1198"}],"version-history":[{"count":1,"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=\/wp\/v2\/posts\/1198\/revisions"}],"predecessor-version":[{"id":1199,"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=\/wp\/v2\/posts\/1198\/revisions\/1199"}],"wp:attachment":[{"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.phyrfight.com\/weblog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}