Report Suggests COVID-19 Could Cost Insurers up to $547 Billion

June 9, 2020


A new report from Wakely, commissioned by America’s Health Insurance Plans (AHIP), suggests COVID-19 could cost payers between $30 billion and $547 billion through 2021, FierceHealthcare reports.

In its report, which is an update to the original report posted in March, Wakely says the pandemic “has had an extraordinary, unprecedented, and severe impact on virtually all aspects of life in the United States.”

“As significant an impact as the virus has already had in several countries around the world, and in several states, the future impact of continued virus proliferation could be immense,” the report states.

To read FierceHealthcare’s report, click here.

Click here to read Wakely’s report.

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