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How will Covid-19 affect employers’ healthcare costs? It depends, says PwC report

As the Covid-19 pandemic and resulting economic slowdown strain company budgets, employers are trying to calculate how much they will spend on healthcare next year. Soon, they will be picking health plans for 2021, and the pandemic will certainly go into that calculus. A new report by PricewaterhouseCoopers attempts to forecast healthcare costs for next […]

Health

Dr. Anthony Fauci Warned White House That Tulsa Rally Would Be Dangerous: Report

Top infectious disease expert Dr. Anthony Fauci warned White House officials of the serious health risks posed by the massive Trump rally in Tulsa, Oklahoma, this Saturday, NBC News reported on Friday. Dr. Deborah Birx, the COVID-19 response coordinator of President Donald Trump’s coronavirus task force, also raised concerns about the rally, two sources familiar with […]

Fitness

Dr. Fauci to testify reopening too early risks ‘needless suffering’ from coronavirus: Report

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, testifies during the House Oversight and Reform Committee hearing on Coronavirus Preparedness and Response, in Rayburn Building on Thursday, March 12, 2020. Tom Williams | CQ Roll Call | Getty Images WASHINGTON — Dr. Anthony Fauci, the nation’s leading infectious disease specialist and […]

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Moody’s report: Health insurers will remain profitable after pandemic

Most U.S. health insurers will remain profitable despite the Covid-19 pandemic, according to research by Moody’s Investors Service.   Researchers envisioned three potential scenarios, a “mild” scenario with an assumed infection rate of 2%, a “medium” scenario with 10% infected, and a “severe” scenario with 40% infected. In the first two scenarios, insurers would still […]