Analysis

COVID has presented unprecedented challenges and hardships for employees and employers alike. Many of have become sick or even known or lost a loved one to the pandemic. Meanwhile, we have also suffered tremendous economic pain. Unfortunately, 2021 may only be the tip of the iceberg for employers when it comes to the longer-term health care costs exacerbated by this disease and from canceled or deferred care which are estimated at $125-200 billion. And yet, there is light at the end of this long, dark tunnel with the arrival of COVID-19 vaccines.
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