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Impact of COVID on Insurers

Interesting article debating the costs of COVID-19 to insurance companies.

05/05/2020

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Great reat. Few interesting nuggets:

• Analysts with Moody’s Investors Service estimated insurers will see a decrease in utilization between 20% and 40% per month from non-essential procedures.
• As many as 35 million people — including workers and their families — could lose employer-based health insurance during the pandemic.
• As a result, Medicaid enrollment would increase by 11 million to 23 million, and another 1 million to 2 million people would get individual insurance, largely through the ACA marketplaces.