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Just a random thought

"J"

Dignitary Member
Supporting Member
39,279
11,206
191
Davie County, NC
#1
With all this covid virus stuff going on and all the reports of increase of deaths and hospitalizations going on, what kind of shape will the insurance companies be on when this all wraps up? Health insurance and life insurance companies gotta be sweating all these numbers being thrown around....
 

hickslawns

Dignitary Member
Supporting Member
33,953
6,459
181
NW Ohio
#2
With all this covid virus stuff going on and all the reports of increase of deaths and hospitalizations going on, what kind of shape will the insurance companies be on when this all wraps up? Health insurance and life insurance companies gotta be sweating all these numbers being thrown around....
I read a stock report on the subject. Longer stays cost more than short stays but are actually much cheaper than surgeries. With all non-elective surgeries postponed the insurance companies are doing better. The hospitals themselves are hurting. They don't invoice as many dollars. Hospital costs are up. Furloughing employees since they have emptied their beds in anticipation. My initial thought process was like yours J. Once I read it, it made sense.
 
Likes: Mike

"J"

Dignitary Member
Supporting Member
39,279
11,206
191
Davie County, NC
#4
Makes sense, Phil. There’s some rumors flying around down here about lots of empty beds. No one wants too go near them places During this virus.
 

giles

Village idiot and local whore
Supporting Member
26,153
21,585
171
In a bar
#12
When you act like I do, You ain’t gotta worry about bail. It’s that damn jacket with all the straps that’ll get ya. And they won’t just let you go for $20, I’ve tried. 😂