Monday, March 29, 2010
Insurance companies find loophole to let kids die
Why would any self respecting insurance company want to cover sick kids? They are just a drain on the bottom line and interfere with keeping Wall St. happy. To this end, before the ink is even dry the health insurance companies have found that the new law as written does not require them to write policies for kids currently sick.
According to the New York Times, "Insurers agree that if they provide insurance for a child, they must cover pre-existing conditions. But, they say, the law does not require them to write insurance for the child and it does not guarantee the 'availability of coverage' for all until 2014."Those health insurance company death panels sure do work fast. One more really good reason to destroy for-profit health insurance companies before they destroy us.
"The fine print differs from the larger political message," William G. Schiffbauer, an attorney who represents insurance companies, told the Times. "If a company sells insurance, it will have to cover pre-existing conditions for children covered by the policy. But it does not have to sell to somebody with a pre-existing condition. And the insurer could increase premiums to cover the additional cost."
While the bill precludes insurers from denying care to children who are already accepted for coverage, it allows them to refuse a policy to children under 19 from the outset, until 2014 when additional regulations kick in.
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