Health Insurance Claims Could Rise 4% in 2020, Actuaries Project

Health insurance claims may be 4% higher for 2020 than a year ago, according to a report from management consulting firm Oliver Wyman.

Cost savings from care foregone due to the coronavirus so far have exceeded the cost of treating Covid-19 patients, but by early June claims began to increase as the country began reopening, the report, which was made public Friday, said.

“If the pattern in paid claims since the week ended June 28 were to persist for the balance of the year, paid claims for all of 2020 would be roughly 4% higher than paid claims for all ...