- The number of coronavirus cases in the US continues to spike, with more than 143,000 people having been infected as of Monday morning, according to the latest numbers from Johns Hopkins University.
- A new analysis projects that health insurance premiums are going to skyrocket next year as a result of the unexpected costs of the coronavirus this year.
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News coverage hasn’t focused as intently on the dollars and cents of the coronavirus pandemic as much as it, rightfully, has zeroed in on the human cost of the virus — in terms of lives lost, hospitalizations, and the race to find a cure as well as a treatment to help people get over the virus in the meantime.
The longer this stays with us, though, the more the economic toll of the COVID-19 coronavirus is going to come into stark relief. Setting aside the impact of the virus on the economy (which has been so catastrophic that a $2 trillion economic stimulus bill from Congress was needed), a new analysis from an entity called Covered California finds that health insurance premiums may see a big spike next year because of all the medical bills incurred this year as a result of the virus.
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Your health insurance premium may skyrocket because of coronavirus originally appeared on BGR.com on Mon, 30 Mar 2020 at 15:43:02 EDT. Please see our terms for use of feeds.
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