Claims Surpluses Hold Through 2020
With December now in the rearview mirror, we finally have a complete picture of our clients’ 2020 plan year costs and the results have been VERY favorable. Taking a high-level review of tens of thousands of members’ claims, the total plan year costs for our Northeast clients ran about 10% under the budgeted rates for the year – more favorable than anticipated at the beginning of the pandemic. Viewpoints from Adam Okun While it was clear Q2 plan costs were heavily suppressed due to the wholesale shutdown of the healthcare delivery system as it focused nearly exclusively on COVID-19 …
https://www.epicbrokers.com/insights/claims-surpluses-hold-through-2020/