Translation: If you catch Ebola, you’re lost!
Remember the promise of universal health care with Obamacare, with no refusal for ‘pre-existing conditions’? It looks like your insurance company may not have to cover you if you get Ebola. U.S. and British insurance companies have begun writing Ebola exclusions into standard policies to cover hospitals, event organizers, and other businesses vulnerable to local disruptions.
While it is estimated that expenditures to treat the original Dallas Ebola patient, Thomas Eric Duncan, were approximately $100,000 an hour (though he passed anyway), it looks like insurance companies won’t be footing the bill.
President Obama originally refused to set up travel restrictions in and out of West Africa, too, even though the governments latest scare tactics and the CDC’s ineptitude have resulted in insurance companies creating new policies which exclude Ebola care. Renewals will also become costlier for companies opting to insure business travel to West Africa or to cover the risk of losses from quarantine shutdowns at home.
Gary Flynn, an event cancellation broker at Jardine Lloyd Thompson Group Plc in London said:
“What underwriters are doing at the moment is they’re generally providing quotes either excluding or including Ebola – and it’s much more expensive if Ebola is included.”
While Ebola has killed more than 4,500 people in West Africa and less than a dozen in the US, the arrival of a few isolated cases here in the states has insurance companies looking to shirk coverage responsibilities. As usual – its all about the bottom line.