TITLE

Health Care May Not Be Immune From the Economic Downturn

AUTHOR(S)
Ament, Lucy
PUB. DATE
March 2008
SOURCE
H&HN: Hospitals & Health Networks;Mar2008, Vol. 82 Issue 3, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the warning by financial analysts that a continued economic downturn in the U.S. might eventually disprove the fabled notion that health care is recession-proof. The health care sector may feel the squeeze from a recession several months after the rest of the economy. That is because many laidoff workers can extend health care benefits through Consolidated Omnibus Budget Reconciliation Act (COBRA) for 18 months.
ACCESSION #
31488495

 

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