Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Although an increased focus on co-morbidities could result in beneficial early intervention in some cases, it also could lead to additional complex care, leading to pressure on health insurers to help contain costs. (Photo: Shutterstock)

The coronavirus pandemic has changed the way consumers interact with health care, which will have a significant impact on the health insurance industry, according to a report from Moody’s Investors Service.

“The ability or inability of our rated health insurers to adapt to these changes in the next three to five years will be an important driver of credit strength,” the report said. “Health insurers that successfully adapt will boost their credit strength through lower medical cost trends than their peers. We expect the costs of a vaccine, which we believe is unlikely to be widely available until mid-2021, would be borne by health insurers, but those costs would be offset by lower coronavirus treatment costs and hospitalizations. Therefore a vaccine would not likely have a significant effect on health insurers’ earnings.”

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?


BenefitsPRO Broker Expo 2022Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.