health insurance during coronavirus

Health insurers prosper as COVID-19 deflates

As doctors and consumers are forced to put most nonemergency procedures on hold, many health insurers foresee strong profits. So why is the industry looking to Congress for help? Insurers say that while that falloff in claims for non-COVID care is offsetting for now many insurers’ costs associated with the pandemic, the future is far more fraught. Costs could remain modest or quickly outstrip savings….