Healthcare consumption trends during the pandemic
Posted On: March 12, 2021 by Mike Mallaro in: Healthcare, VGM
The pandemic had a significant impact on healthcare businesses and healthcare consumption. With full 2020 data now reported, we can assess the trends and what they may indicate going forward:
For the full year of 2020, health insurers experienced a reduction in healthcare consumption of about 2-3% compared to 2019. I think it is reasonable to assume healthcare consumption other than COVID declined by about 5-6% for the year, offset in part by the increased healthcare...
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