So far Covid has taken a horrendous cost — more than 950,000 American lives. The cost of the resulting life insurance claims was also high: $90 billion in 2020, according to the American Council of Life Insurers. That’s the biggest year-over-year increase since the...
Starting January 15, most people with a health plan can go online, or to a pharmacy or store to purchase an at-home over-the-counter COVID-19 diagnostic test authorized by the U.S. Food and Drug Administration (FDA) at no cost, either through reimbursement or free of...
COVID-19 didn’t have quite the impact on the life insurance industry that some were fearing, but it still has resulted in the highest-ever number of payments to beneficiaries. Life insurance policies paid out over $90 billion in 2020, a 15.4% increase...