IDEAS home Printed from https://ideas.repec.org/a/fip/fedhle/95197.html
   My bibliography  Save this article

The Impact of the Covid-19 Pandemic on Health Insurers

Author

Abstract

The U.S. health insurance industry, which owns over $380 billion in financial assets, was placed in the spotlight when the Covid-19 pandemic began in the spring of 2020.1 The pandemic led to health-care-specific changes, such an increase in Covid-19 testing and related hospitalizations, as well as a temporary postponement or cancellation of elective procedures to make space for Covid-19 patients. It also led to changes in financial markets, notably a decrease in interest rates. These changes affected the risks that health insurers are subject to and the overall profitability of the industry.

Suggested Citation

  • Ishira Shrivatsa, 2022. "The Impact of the Covid-19 Pandemic on Health Insurers," Chicago Fed Letter, Federal Reserve Bank of Chicago, vol. 0, September.
    • Handle: RePEc:fip:fedhle:95197
    as

    Download full text from publisher

    File URL: https://www.chicagofed.org/-/media/publications/chicago-fed-letter/2022/cfl471-pdf.pdf?sc_lang=en
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    financial economics;

    JEL classification:

    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedhle:95197. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lauren Wiese (email available below). General contact details of provider: https://edirc.repec.org/data/frbchus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.