As the costs stemming from COVID-19 continue to climb, reinsurers are collaborating with healthcare executives on how to mitigate the impacts of the virus on the sector. Virtual health care options are becoming increasingly commonplace, and the growing use of telemedicine and capacity constraints within our healthcare system will potentially dull utilization increases.
Consumers realize the value in experiencing integrated and coordinated care delivery and building strong relationships with a consistent set of care providers – including primary care, specialists, nurses and others. They can address most of their care needs from wherever they happen to be – all the while keeping their costs lower, according to Oliver Wyman Health & Life Science Principal, Ran Strul, Partner, Charlie Hoban and Associate, Rohan Siddhanti. Oliver Wyman is an affiliate of Guy Carpenter.
As the article in the link below concludes, health systems may be best positioned now to establish a digital-led system. However, their edge is likely temporary — other players, including payers and technology companies, have unique capabilities of their own that can be leveraged for such a proposition.