US insurance: claims doubled among young people aged 35 to 44. in 2021. Data ignored
According to data from 20 of the 21 major life insurance companies in the United States, claims for the death of working-age adults under collective life policies have surged far beyond the levels predicted last year. summer and next fall.
According to a report from the Society of Actuaries of the USA, that is of the technicians who calculate the insurance risks, which analyzed 2.3 million death claims filed with life insurance companies, the claims for compensation for adults aged between 35 and 44 years were 100% higher than forecasts in July, August and September 2021.
The report examined death claims filed under collective life insurance policies during the 24 months of the COVID-19 pandemic, April 2020 to March 2022. The researchers used data from the three years prior to the pandemic to establish a baseline for expected deaths.
While COVID-19 played a role in the majority of excess deaths for adults over the age of 34 during the two years of the pandemic, the opposite occurred for the younger ones. For people 34 years old and younger, the number of non-COVID-related excess deaths was higher than that of COVID-related deaths, according to the data.
In the third quarter of last year, deaths in the 25-34 age group were 78% above the expected level and, for people aged 45-54, 80% above the expected level. planned. For adults aged 55-64, the excess mortality was 53% above the reference value.
The Society of Actuaries (SOA) asked all 20 participating life insurance companies how they determine cause of death for claims registration purposes. Of the 18 who responded, 17 said they list COVID-19 as a cause of death if it is on the death certificate, while eight of the 18 said to go further, communicating with relatives and the coroner, and consulting other sources for try to determine the true cause of death.
The report also notes that white-collar workers recorded the highest number of excess deaths in the two years under review. This group, which includes accountants, lawyers, computer programmers and most other office jobs, had 23% more deaths than expected.
The sharp rise in deaths among people of working age was first unearthed by Scott Davison, chief executive of Indianapolis-based life insurance company OneAmerica, who said in a virtual press conference on December 30, 2021. that his company and the entire life insurance industry were seeing a 40% increase in deaths among people between the ages of 18 and 64.
Davison said on that occasion that this was the highest death rate in the history of the life insurance industry and that a 10% increase in mortality would be a "three-sigma" event, a one-time catastrophe. every 200 years.
OneAmerica is one of 20 companies that provided data for the SOA report. Others include Aflac, Anthem, The Hartford, Lincoln Financial Group, MetLife, New York Life and Principal Financial.
Edward Dowd, a hedge fund manager who has been studying excess mortality in recent months and has an upcoming book on the subject, Cause Unknown, says the death rate among young people is alarming. He pointed out that excess mortality peaked around the time the Biden administration made the COVID-19 vaccine mandatory and companies rushed to comply.
“Temporarily, over that three-month period, the change was such that something happened,” he said. “We all know what happened in August, September and October. It was Biden's vaccination obligations of 9 September and many companies have anticipated these mandates ”.
On September 9, 2021, President Joe Biden imposed the COVID-19 vaccine on federal employees and healthcare workers at Medicare and Medicaid-certified facilities. On the same day, the president instructed the Occupational Safety and Health Administration (OSHA) to implement a nationwide vaccination mandate for private companies with 100 or more employees.
The US Supreme Court rejected OSHA's mandate in January, but allowed the mandate for health workers to remain in effect.
The campaign to vaccinate the majority of the population against COVID-19 is the largest vaccination campaign in the history of the world.
As of August 31, about 90 percent of Americans 18 years of age or older had received at least the first dose of one of the COVID-19 vaccines, and 77 percent had received both the first and second doses.
Dr. Robert Malone, inventor of mRNA vaccines , speaks at the Dallas Conservative Political Action Conference at Hilton Anatole on August 5, 2022. (Bobby Sanchez for The Epoch Times)
Malone cited what he calls the "classic example" of thalidomide, a morning sickness drug prescribed to a small number of pregnant women in the United States in the late 1950s and early 1960s, effective in treating nausea. morning, but which caused severe malformations in their unborn children.
The drug company had lobbied the U.S. Food and Drug Administration to approve the drug, but the FDA refused, based on reported deformities.
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The article US Insurance: Compensation claims doubled among young people aged 35 to 44. in 2021. Ignored figure comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/assicurazioni-usa-raddoppiate-le-richieste-di-risarcimento-fra-i-giovani-dai-35-ai-44-anni-nel-2021-dato-ignorato/ on Fri, 09 Sep 2022 08:00:50 +0000.