The economic impact of job losses relating to COVID19 will create a dramatic shift in how individuals access health insurance. Approximately one in two Americans is currently covered under an employer-sponsored health plan, signaling that significant job losses have already resulted in millions of Americans losing their health insurance.
During a recent webinar session, Guy Carpenter-affiliate Oliver Wyman welcomed Health and Life Sciences Partners, Helen Leis and Sam Glick, as they discussed what harsh truths have been made plain during the current COVID-19 crisis.
The COVID-19 pandemic is a public health emergency and we feel the gravity of our role in helping our clients respond to the insurance implications for their businesses and customers. To that end, we are engaging in many client discussions around the impacts of COVID-19 to their medical insurance projections and results.