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Healthcare Blog

April 29th, 2020

4/29/2020

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Follow up to my post from 3 weeks ago regarding the direction of health insurance rates. Suspension of elective care procedures will outweigh COVID-related care and will drive low increases or even rate reductions in the near term in most areas:
"Earlier this month, UnitedHealth Group CEO David Wichmann told analysts that cost reductions so far are outstripping expenses for COVID-19 and that revenue is up compared with the previous year"

https://khn.org/news/health-insurers-prosper-as-covid-19-deflates-demand-for-elective-treatments/
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