As the COVID-19 pandemic continues, health care organizations remain at the forefront of the fight against the virus. And many health care risk professionals are asking how their insurance policies will respond to claims related to COVID-19. ... Continue Reading »
Pandemic
COVID-19 Pandemic Navigator
The Oliver Wyman COVID-19 Pandemic Navigator forecasts the number of new and cumulative coronavirus cases across nearly 40 countries, incorporating the effectiveness of containment and suppression measures. It also provides insights into how to manage after the peak, as well as the ability to study potential future containment scenarios until a vaccine or a scale treatment ... Continue Reading »
COVID-19 Perspectives Series Part II: Q&A with David Priebe, Chairman, Guy Carpenter
Guy Carpenter Chairman David Priebe offers COVID-19 insights on the health of the property and casualty (P&C) industry, public-private initiatives for pandemic coverage, industry preparedness and infrastructure to serve clients and Guy Carpenter client support on coverages in an interview with The Insurer held on April 6. This is part two of a three part series. ... Continue Reading »
COVID-19: Responses & Implications to Healthcare in Asia
Of all the industries, COVID-19 hit healthcare first and hit it hard, both public and private across the globe. In this document, Guy Carpenter-affiliate Oliver Wyman summarizes the journey to date in Asia and how leaders have and continue to combat this epidemic. ... Continue Reading »
What the New Medicare Waivers Mean for Providers
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, a USD 2 trillion economic stimulus bill, was signed into law on March 27, 2020. While largely focused on economic stimulus, the CARES Act is certainly the most far-reaching step the government has taken to date to address the COVID-19 pandemic, according to a recent article by partners in Oliver Wyman's Health ... Continue Reading »
Using Data to Develop Contagion Containment Strategies
It has been difficult for healthcare systems and businesses to plan for the impact of coronavirus because of the lack of historical comparisons for outbreaks of this magnitude and severity. But the virus’ rapid spread across Asia, Europe and the United States is starting to generate a critical mass of data from which plausible - even likely - regional contagion scenarios are e ... Continue Reading »
COVID-19 Perspectives Series Part I: Q&A with David Priebe, Chairman, Guy Carpenter
Guy Carpenter Chairman David Priebe offers COVID-19 insights on economic and legislative issues, (re)insurance renewals and brokers’ and carriers’ roles, in an interview with The Insurer held on March 30. This is Part One of a three part series. ... Continue Reading »
GC Capital Ideas Tip: New Pandemic Option on Guy Carpenter’s Preference Center
In an effort to provide real-time updates on the evolving novel coronavirus (COVID-19) outbreak, GC Capital Ideas has added a new option to the preference center: pandemic. Guy Carpenter's Preference Center allows users to sign up for a wide range of category-specific email alerts that provide news and insights from Guy Carpenter thought leadership specialists. ... Continue Reading »
Is Coronavirus a Tipping Point for Digital Health on Demand?
As the coronavirus crisis takes its toll on societies and organizations — prompting critical decisions about business shut-downs, the cancellation of public and corporate events, working from home and greater support for employees — a very practical question arises. Could this be the tipping point for digital health, especially for such recent innovations as telehealth, which al ... Continue Reading »
Estimating the Impact of COVID-19 on the U.S. Medical (Re)Insurance Market
As the COVID-19 situation is changing on a daily basis, the impact to the insurance and reinsurance markets is not yet fully known. However, given the significance of the developments, Guy Carpenter provides our view of how COVID-19 may impact the medical (re)insurance market. ... Continue Reading »