Here we review GC Capital Ideas’ recent stories on healthcare and medical (re)insurance.
COVID-19 – Current and Future Impacts on Medical Insurance: As we learn more about the COVID-19 virus, societal responses and vaccine development, our collective knowledge continues to develop. Throughout this time, Guy Carpenter is continually connecting with our clients and business associates to gather the key questions health insurers are asking along with the range of potential outcomes.
Healthcare 2030 – Four Economic Scenarios: Looking back on how the healthcare industry has progressed over the last two decades, U.S. healthcare now comprises 18 percent of total gross domestic product, up 13 percent from twenty years ago. The composition of that spending has remained (remarkably) stable since 1960, with 38 percent to hospitals, 23 percent to physician services and 12 percent to prescription drugs. Is this share of profits in the industry stable, or is it about to be turned upside down over the next decade?
COVID-19’s Economic Impact for Health Systems: COVID-19’s financial toll is beginning to reveal itself. Many health systems are seeing revenues slashed in half and supply costs surging. There’s uncertainty about when and how quickly service volumes will return. Health systems and the provider community will especially be impacted economically and financially for years to come.