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 »
Healthcare
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 »
How Will COVID-19 Unfold in 2020’s Second Half?
As the COVID-19 situation is changing on a daily basis, the impact to the insurance and reinsurance markets is not yet fully known. As outlooks on the pandemic evolve, the (re)insurance industry remains at the forefront of conversations to create a forward-looking solution for pandemic risk in conjunction with policyholders, insurance markets and key policymakers. ... 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 »
Webinar: The Implications of COVID-19 for the Healthcare Industry in Asia
As the COVID-19 pandemic continues through the summer, public health concerns are at the forefront of everyone's mind and Guy Carpenter is actively developing a view of how COVID-19 may impact the healthcare industry and the medical (re)insurance market. Continuing the webcast series on COVID-19’s implications, Guy Carpenter-affiliate Marsh looks at navigating the pandemic r ... Continue Reading »
Podcast: Lessons Learned – California Health During COVID-19
Over 40 million Americans have filed for unemployment insurance since mid-March. 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. The third episode of The Marsh & McLennan Advantage Podcast ... 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 »
The Healthcare Industry Needs to Step Up Its Security Game Now
As technology evolves, companies face both new opportunities and new risks, and Guy Carpenter’s Cyber Global Center of Excellence is actively monitoring significant developments in the cyber risk sphere. Guy Carpenter-affiliate Oliver Wyman and Welltok recently hosted a webinar to demystify data security, with a focus on why we all need to play a role in protecting health da ... Continue Reading »
Will Smart Containment Save the Economy?
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, and virtual health care tools are becoming increasingly commonplace. COVID-19 is far from over. Looking at the nationwide numbers, there’s very little difference between the end of March and the end of May. S ... Continue Reading »
