Insurance Companies May Seek Congressional Bailout

Coronavirus May Add Billions to the Nation’s Health Care Bill Insurance premiums could spike as much as 40 percent next year, a new analysis warns, as employers and insurers confront the projected tens of billions of dollars in additional costs of treating coronavirus patients. www.nytimes.com Sorry if this is behind a paywall. The insurance companies didn't anticipate COVID-19 in their 2020 rates. 2021 may see a 40% increase in premiums unless Congress bails out the insurance industry with "re-insurance." Unbelievable... Their CEO's make $30-70 million per year, their stockholders make lots of profits, they low-ball in-network rates with providers and... Insurance Companies May Seek Congressional Bailout
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Tags: Emergency Medicine Source Type: forums