Insurers are scrambling to compensate for the higher costs the new federal health care law will impose. The latest victim: individual coverage for children. The Associated Press reports that large insurance companies in Florida and Oklahoma ? preparing for regulations that will affect policies written after September ? have stopped offering coverage to kids as a result of the law’s requirement that new policies can’t charge higher premiums for children with pre-existing conditions.

“Insurers are worried that parents will wait until kids get sick to sign
them up, saddling the companies with unpredictable costs,” the AP reports.

It’s estimated that children’s insurance policies make up 8 percent of the individual market.

When backers of the bill said it was all about the children, they weren’t kidding.