Posted on 02/23/2022 6:28:02 AM PST by karpov
U.S. life insurers, as expected, made a large number of Covid-19 death-benefit payouts last year. More surprisingly, many saw a jump in other death claims, too.
Industry executives and actuaries believe many of these other fatalities are tied to delays in medical care as a result of lockdowns in 2020, and then, later, people’s fears of seeking out treatment and trouble lining up appointments.
Trade group American Council of Life Insurance said the pandemic in 2020 drove the biggest annual increase in death benefits paid by U.S. carriers since the 1918 influenza epidemic, totaling billions of dollars. The hit to the industry’s bottom line has been less than initially feared, however, because many victims have been older people who typically have smaller policies, if any coverage.
Some insurers see continued high levels of these deaths for some time, even if Covid-19 deaths decline this year.
In earnings calls for the past two quarters, Globe Life Inc., Hartford Financial Services Group Inc., Primerica Inc. and Reinsurance Group of America Inc. were among insurers noting higher non-Covid-19 deaths, compared with pre-pandemic baselines.
“The losses we are seeing continue to be elevated over 2019 levels due at least in part, we believe, to the pandemic and the existence of either delayed or unavailable healthcare,” Globe Life finance chief Frank Svoboda told analysts and investors earlier this month.
Among the non-coronavirus-specific claims are deaths from heart and circulatory issues and neurological disorders, he said. “We anticipate that they’ll start to be less impactful over the course of 2022 but we do anticipate that we’ll still at least see some elevated levels throughout the year,” he said.
Primerica executives similarly cautioned in their fourth-quarter call about outsize numbers of non-Covid-19 deaths in 2022.
(Excerpt) Read more at wsj.com ...
What an incredible (and challenging) time in which to live.
The huge experiment - and who has the REAL DATA on which persons received which formulation of the jabs?
I suspect we aren’t even seeing the tip of the iceberg.
In terms of the actual data collected to date, we are probably seeing the equivalent of me taking a pee into the Gulf of Mexico.
Sweden is interesting. They had a massive spike in COVID deaths in January 2021. 1.3 deaths per 100K compared to a similar US spike at the same time of 1.0 deaths per 100K.
But since that time they’ve been low. Ther is another spike right now, but it’s lower than the US.
Shortly after Covid was just out of its starting blocks, the lack of care took our grandkids’ other grandmother and one of my best friends. They died in homes for seniors with total lack of care and not allowing family members or good friends to visit them before they died.
Then, the postponement of needed health care and or surgery took a couple of more lives via new diseases or worsening of diseases with some of our friends and relatives.
My wife had cataract surgery and developed floaters. I had the same problem a couple of years before. I went into the same day surgery center and had the laser zapping done. She had her zapping done in the doctors office.
My second toe on my right foot was starting to cross over my big toe/aka hammer toe. Any walking was painful.
After a couple of scheduled surgeries were postponed due to Covid. My podiatrist lopped off that toe in his exam room and sent me home. I did fine.
One of our SILs had not had a real physical for 2+ year and ended up with acute onset Adult leukemia and died via hospice in her home 2 months after the diagnosis was made from a simple but not ordered blood test due to the Covid hysteria at her local MD and hospital level.
Also, some people like my wife has had a hip replacement on hold for a year+. She is finally scheduled for her hip replacement in 10 days from now. Her hip sounds like a cement mixer truck when she walks. She has been in pain 24/7
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Industry executives and actuaries believe many of these other fatalities are tied to delays in medical care as a result of lockdowns in 2020, and then, later, people’s fears of seeking out treatment and trouble lining up appointments.
Trade group American Council of Life Insurance said the pandemic in 2020 drove the biggest annual increase in death benefits paid by U.S. carriers since the 1918 influenza epidemic, totaling billions of dollars. The hit to the industry’s bottom line has been less than initially feared, however, because many victims have been older people who typically have smaller policies, if any coverage.
Some insurers see continued high levels of these deaths for some time, even if Covid-19 deaths decline this year.
In earnings calls for the past two quarters, Globe Life Inc., Hartford Financial Services Group Inc., Primerica Inc. and Reinsurance Group of America Inc. were among insurers noting higher non-Covid-19 deaths, compared with pre-pandemic baselines.
Well, in the case I am familiar with the MRI showed the PSA to be wrong.
CDC director Welensky let the cat out of the bag when she recently said 75% of people that die with/from covid have 4 or more comorbidities. A recent FOIA email request had Debra Birx pointed out that the US was never going meet Sweden's numbers because of the number of unhealthy people in the US. The choice health bureaucrats made was to request lockdowns that made things even worse.
The same question might be asked why the militarty DMED medical reporting system for the active duty showed triple digit percentage increases in 2021 in serious issues but the numbers were steady from 2015 on to include Covid year 2021.
What changed in 2021? I think we all know. It's the elephant in the room.
The DMED data was flat 2015-2020 (the 1st Covid year, pre-"vaccine"). Then in 2021 the numbers went through the roof. These military people are all healthy, young people not in nursing homes with comorbidities or drug addicts.
Yet something happened to ravage their health. Could it be their mandatory "vaccine" shots?
The elephant is trumpeting...
Psssst! It’s the vaccines!
“Why not stock up with real food? “
I came to the same conclusion. While there may be a need for emergency MRE stuff, it is going to go to waste over the years. I just dumped all I had that was pre- 2010. It was still edible, but everything tasted old. Even the rice!
Their strategy has always been herd immunity. I believe that they were fast-tracking that before they implemented the ‘vaccines’, but without Ivermectin. A death spike was to be expected, but they disappeared out of debate & the news for obvious reasons (1669 deaths/mil vs 2887 deaths/mil US, contrasted with their TRUST of the populace to be responsible in health matters).
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