Any health insurance company must plan for potential events, including low and high-frequency disasters such as earthquakes, Elnino and Swine flu pandemics as part of their business risk measures. An insurance company’s risk modeller should always forecast possible losses and ensure that they have set measures to cushion the company if any of these impacts occur. But how ready was the entire health industry on the onset of COVID-19 pandemic, and what does the sector’s future hold? This article explores the impacts that the pandemic had on the health industry and its future.

Long term care will have to be reconsidered
Amid the multiple hardships that the pandemic has posed globally, is the fear imparted among people with loved ones in nursing homes and such facilities. Through observing the present crisis, such facilities pose the risk of being infection hubs. In the future the healthcare industry will have to reconsider … Read More

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