Soaring Unemployment: How Members and Insurers Are Reacting

Since March, over 30 million Americans have filed for unemployment, as businesses have been forced to lay off or furlough employees due to the COVID-19 crisis. Economists even expect April’s unemployment rate to be over 16% when it was 3.5% in February and 4.4% in March.

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COVID-19 Reiterates Importance of SDOH

The pandemic’s fault lines have not been random. Coronavirus has hit society’s most vulnerable–the poor, elderly, minorities–the hardest.

As our fractures are laid bare, the healthcare community must use this as an opportunity to study how we should’ve been hyper aware of social determinants of health (SDOH) all along. Some have, fortunately, already learned that SDOHs are integral to our way out of the pandemic. (more…)

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COVID-19’s Potential Double-Digit Hike on 2021 Premiums

According to a new report by Covered California, California’s marketplace, 2021 premium increases to individuals and employers from COVID-19 alone could range from 4 percent to more than 40 percent, if carriers must recoup 2020 costs and protect solvency.

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