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Insurance Risk of Long-Term COVID-19

Insurance Risk of Long-Term COVID-19

Carriers are just starting to realize the insurance risk of long-term COVID-19. According to Insurance News the results of a recent study by Nature of nearly 5 million patients, COVID patients had a 59% higher death rate up to six months after infection, versus non-infected people. That results in nearly 8 extra deaths per 1,000 patients in 6 months, a serious impact on life insurance actuarial tables.

“There was a large study in Nature that looked at long COVID syndrome, particularly those with with mild disease,” Pinho said. “It was reported that two-thirds of people with mild disease would return to their physician with new symptoms, and more than half of these would require specialist care, things like long-term kidney complications, lung-heart complications, and neurocognitive disease.”

The article goes on to highlight the insurance risk of long-term COVID-19 and related loneliness. Click here to read more. Let us help you place more cases today.