The COVID-19 pandemic will have far-reaching implications for both short- and long-term healthcare costs in the U.S., as Milliman consultants Pamela Pelizzari, Stoddard Davenport, Doug Norris, and Matt Kramer discuss on this episode of Critical Point. For the past month, Milliman consultants have been building actuarial models to better understand what costs could look like for consumers, hospitals, and to the healthcare system overall. While there are more questions than answers at this early stage, our subject matter experts discuss the possibility that costs may in fact decrease in the short-term, as people avoid non-essential healthcare services.
You can read the episode transcript on our website.