As the human and economic costs of COVID-19 continue to mount, reinsurers are working with healthcare executives on how to mitigate the impacts of the virus on the sector. The (re)insurance industry, policyholders and governments throughout the world must come together on an approach that offers relief to those who need it now and develop a plan to implement mitigation ... Continue Reading »
health insurance
Which Types of Carriers and Reinsurance Coverages are Most Impacted by COVID-19?
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 is providing the following view of how COVID-19 may impact the medical (re)insurance market. There are three main types of medical reinsurance: excess of loss, quota share and ... Continue Reading »
CARES Act Boosts Telehealth, Makes Other Health, Paid Leave Changes
As the costs stemming from COVID-19 continue to climb, reinsurers are collaborating with healthcare executives on how to mitigate the impacts of the virus on the sector. Virtual health care options are becoming increasingly commonplace, and the growing use of telemedicine and capacity constraints within our healthcare system will potentially dull utilization ... Continue Reading »
Webinar: What COVID-19 Has Made Plain About U.S. Healthcare
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. ... Continue Reading »
Health Insurance Leaders on the Industry Impacts of COVID-19
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. In support of this goal, during Guy ... Continue Reading »
Payer-Provider Partnership Trends and Turning Points
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. Payer-provider partnership launches have leveled off over the past of couple years, with an ongoing ... Continue Reading »
COVID-19: The View From the Marketplace
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. ... Continue Reading »
COVID-19 Unveils a Payer Opportunity
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. At least one in seven working Americans is now unemployed. And as high as one in four Americans is ... Continue Reading »
A Changing Landscape: How Unemployment Will Impact the Way We Access Health Insurance
Over 40 million Americans have filed for unemployment insurance since mid-March. (1) While the weekly number of new unemployment insurance filings continues to decline, the total number of job losses across the United States has already reached unprecedented levels and the labor market outlook is far from certain. ... 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 »
