Health Insurer Financial Performance Amid the Coronavirus Pandemic
(By Cynthia Cox, Daniel McDermott, Tricia Neuman, and Jeannie Fuglesten Biniek for Kaiser Family Foundation)
The coronavirus pandemic, social distancing, and resulting economic downturn have had considerable implications for the U.S. health system, including health insurers. The pandemic caused a sizable decrease in the use of health care services during the first half of 2020, job losses appear to have led to coverage loss in the employer market and increases in Medicaid enrollment, and insurers projecting costs for next year must assess the relative effects of pent-up demand for delayed care, the continuing pandemic, and a potential vaccine. Continue reading brief here…
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