COVID-19 costs could reach $556 billion over two years

Joseph B. Hash

The cost to insurers from COVID-19 could range from $56 billion to $556 billion over the next two years, according to a Wakely Consulting Group study that was done for America’s Health Insurance Plans.

AHIP retained Wakely to explore the potential cost implications of COVID-19 testing and treatment to health insurers for 2020 and 2021.

Outcomes will differ depending on the number of Americans who become infected but are asymptomatic, the impact of interventions such as social distancing, and the availability of testing.

Hospital costs could exceed Wakely’s estimates if average intensive care stays are longer, more expensive or require

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Surgeons develop operation-triage plan to reduce OR volume during COVID-19 pandemic

Joseph B. Hash

Within a month of the University of California San Francisco Health treating its first patient with the COVID-19 coronavirus on February 3, UCSF surgeons began formulating a plan to respond to the pandemic and help manage the healthcare system’s available resources.

The comprehensive rapid response plan — one of the earliest reported surgical strategies for handling the outbreak — appears online as an “article in press” on the Journal of the American College of Surgeons website in advance of print.

The multi-tier plan was a collaboration between the UCSF department of surgery and the hospital’s other departments. Their actions included

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Moody’s: Coronavirus stimulus will less economic pain, but credit climate will remain difficult

Joseph B. Hash

The $2.3 trillion CARES Act follows other fiscal and monetary measures that the U.S. government has taken to address the COVID-19 coronavirus crisis and the resulting economic fallout. While the federal aid package will provide some relief to households, businesses, states and local governments, Moody’s Investors Service expects credit conditions will likely remain difficult for many public and private debt issuers over the coming months.

Combined with other fiscal and regulatory actions, the rescue package should help to contain some of the economic damage and help with recovery once the pandemic is under control, the report found. But because the

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