KFF October 12, 2020
The coronavirus pandemic, social distancing, and resulting economic downturn have had considerable implications for the U.S. health system, including health insurers. The pandemic caused a sizable decrease in the use of health care services during the first half of 2020, job losses appear to have led to coverage loss in the employer market and increases in Medicaid enrollment, and insurers projecting costs for next year must assess the relative effects of pent-up demand for delayed care, the continuing pandemic, and a potential vaccine.
In this brief, we analyze data from 2013 to 2020 to examine how insurance markets performed through the first half of this year as the pandemic developed and worsened in the U.S. We use financial data reported...