Re:The hard part of the economics of Covid-19
by baq on Monday March 16, 2020 @06:55PM
(#22599110)
there won't be any paperwork because there won't be any insurance. even your congress and senate realizes this by now. it's an unworkable proposition - you either bankrupt the 10-20% patients which require hospitalization or you bankrupt insurers. you're in for a revolution in healthcare.
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Re:The hard part of the economics of Covid-19
by nradov on Tuesday March 17, 2020 @02:23AM
(#22602269)
The majority of patients who will require hospital care are already Medicare beneficiaries. And for many others, the insurers don't really bear any financial risk because they just process claims and pass the costs on to group buyers.
Re:The hard part of the economics of Covid-19
by kazagistar on Monday March 16, 2020 @07:47PM
(#22599615)
Congress just had to add a ton of exemptions to a bill to guarantee paid sick leave for CORVID, making it meaningless for a vast majority of americans, because of republican pushback. Never underestimate the greed and corruption baked into the influence channels in the USA.
Re:The hard part of the economics of Covid-19
by zaroth on Tuesday March 17, 2020 @08:21AM
(#22604162)
The problem with the House bill is that it puts employers on the hook for making the payments.
You’re just ushering small businesses faster off the cliff of insolvency if you legally require them to pay workers while they are also legally required to be shut down.
If the government is forcing a company to shut its doors, the government should be prepared to pay the employees “quarantine leave”.