Social media has been abuzz with posts suggesting life insurance claims related to COVID-19 are being summarily denied. Much of the anxiety seems to stem from a news story titled: Would my life insurance policy cover COVID-19 related death? An anchor for the news organization that aired the piece shared it on Twitter below the tweet: Will your life insurance cover you if you die…
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A.M. Best Holds Stable Outlook on U.S. Health Industry Amid COVID-19 Pandemic Crisis Insurance rating agency A.M. Best said it is maintaining its stable market segment outlook on the U.S. health insurance industry, despite the impact of the COVID-19 virus outbreak. It cited: A trend of strong earnings; Strengthened risk-adjusted capitalization; Lower-than-estimated utilization and medical cost…