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The insurance
company could reinvest its profits in commercial ventures that would enhance the public
health sector, such as pharmaceutical companies. Although the issue of non-coverage of
preexisting conditions was glossed over in the HIA, the emphasis on preventive health care
and individual responsibility for health status had a financial justification. In the
United states, for example, the Deputy secretary of Health and Human services Moley (1992)
pointed out that, in 1991, one out of every six deaths and $65 billion in health care
costs and lost productivity were related to cigarette smoking. |