Deaths in the USA: + 40% in young people aged 18 to 64. Word of insurance AD
Who better than an insurer, or rather the CEO of an insurance company, knows the trend of deaths and their probability? After all, he works there with the statistics relating to mortality, they are the basis of his work.
The CEO of OneAmerica, an Indianapolis-based life insurance and financial services company, has seen an increase in mortality in the working class between 18 and 64, hence active people, by 40% during 2021. " We are seeing, right now, at the highest death rates we've seen in the history of this business, not just in OneAmerica, ”said Scott Davison, head of the $ 100 billion insurance company that has been in operation since 1877 and has approximately 2,400 employees.
The increase represents "huge, huge numbers, " among " mostly people of working age " who have employer-sponsored group living plans through OneAmerica, according to The Center Square.
" And what we've only seen in the third quarter, we're seeing it continue into the fourth quarter, is that death rates have increased 40% from what they were before the pandemic," Davison said at an online news conference last week. week. " Just to give you an idea of how serious it is, a three sigma or one case catastrophe every 200 years would be a 10% increase compared to before the pandemic ." " So 40% is simply an unknown eventuality ," he added.
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According to Davison, most of the archived deaths are not classified as due to Covid-19.
“ What the data shows us is that the deaths that are reported as deaths from COVID greatly underestimate the actual death losses among people of working age due to the pandemic. It may not be all COVID on their death certificate, but the deaths have just soared. huge numbers, huge numbers, ”he said, adding that the company has seen an“ increase ”in disability claims, initially short-term and now long-term.
“ For OneAmerica, we expect this to cost well over $ 100 million, and this is our smallest business. all of this is having a huge impact on our society, ”he said, adding that the costs will be passed on to employers who buy collective life insurance policies.
In the same press conference Davison spoke at, Brian Tabor, president of the Indiana Hospital Association, said hospitals across the state are inundated with patients " with many different diseases ," saying " unfortunately, the average health of the Hoosiers ( residents of the state of Indiana) decreased during the pandemic .
The number of those hospitalized in Indiana is now higher than before the Covid-19 vaccine was introduced a year ago, and is in fact higher than at any time in the past five years, according to Dr. Lindsay Weaver, chief. medical officer of Indiana.
In theory, scientists should determine the causes of these excess mortality, but for now only the insurers, who pay the cash problem, have noticed.
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The article Deaths in the USA: + 40% in young people aged 18 to 64. Word of AD insurance comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/morti-negli-usa-40-nei-giovani-dai-18-ai-64-anni-parola-di-ad-assicurativo/ on Mon, 03 Jan 2022 21:17:23 +0000.