COVID-19 Economic Impact [HealthInsurance.com Survey]
The Coronavirus pandemic is impacting our economy and unemployment rate in unprecedented ways, with 17 million unemployment claims filed over the past two weeks alone. That’s why our direct-to-consumer website, healthinsurance.com, recently launched a survey to gauge the concerns and feelings of more than 1,000 respondents about COVID-19 and its economic impact. Healthinsurance.com focused on topics like medical costs, unemployment, health insurance options and the use of telemedicine during the COVID-19 pandemic. Here are 3 findings that surprised us:
Telemedicine During Coronavirus Pandemic [HealthInsurance.com Survey]
The cost of healthcare still remains a factor for many Americans during the Coronavirus pandemic, according to a recent survey by healthinsurance.com, our direct-to-consumer website. The survey found that 39% of respondents would think twice about seeking Coronavirus medical care due to cost. But more Americans may turn to virtual healthcare options like telemedicine to avoid the waiting room and potentially cut their healthcare expenses. Why use telemedicine during COVID-19?
6 Medical Technology Trends During the Coronavirus Pandemic
Instacart deliveries, Zoom happy hours, and chatbot interactions: It’s no secret that the coronavirus pandemic has changed how we work and play each day. If anything, pandemic technology has made us more resilient during an era of social distancing and quarantines. But what new medical technology trends have emerged during the Coronavirus pandemic? While it’s hard to tell what the healthcare industry will look like post-pandemic, companies and healthcare facilities alike have widely adopted or innovated new health technologies. That said, here are 6 medical technology trends we’ve seen.
Stock Price to Surpass $60: Citron Research Predicts
Citron Research, one of the longest-running stock commentary websites, recently noted that the Coronavirus pandemic is the moment that will make telemedicine mainstream. And Benefytt Technologies (BFYT) is at “the forefront of this megatrend,” according to Citron. As a result, Citron predicts that Benefytt’s stock will surpass $60 by the end of this year. Citron’s full report came on the heels of a recent White House briefing to the country in which the need for more telemedicine offerings for seniors emerged as a key theme. HHS Secretary of Healthcare, Alex Azar, especially noted telemedicine to be “the future of healthcare.”
HIIQ Changes Its Name to Benefytt Technologies Inc.
Company acquires major direct-to-consumer website as part of growth strategy On March 6, 2020, Health Insurance Innovations, Inc., announced that its corporate name changed to Benefytt Technologies, Inc. The name change signifies the company’s go-forward strategy to be a premier health insurance technology company that offers self-guided plan comparison tools and technology solutions surrounding a range of Medicare, private health insurance, and life insurance products to meet the evolving needs of its customers. Healthinsurance.com: A convenient resource for consumers Benefytt also acquired a direct-to-consumer site, healthinsurance.com, which offers powerful online comparison tools and educational resources to Medicare-eligible consumers, giving site visitors the ability to view available plan options in their areas and the option to enroll in a Medicare plan directly from the site.
Definition, Examples, and its Future
What is InsurTech? InsurTech is the combination of insurance and technology solutions for enrollment, insurance claims processing, underwriting, policy administration, data insights, fraud detection and more. InsurTech is disrupting the insurance industry by providing cost saving solutions and better customer experience for insurance companies. Let’s dive deeper. Insurance is an old business spanning back centuries: In fact, Ben Franklin founded the first insurance company in the United States.
Coronavirus Updates Feed
Novel Coronavirus has undoubtedly changed the world. And the economic impacts from the virus are highly visible on a global scale: The stock market has declined, small businesses have shut down, millions of people have lost their jobs, and unfortunately, many of those who were diagnosed with Coronavirus disease have lost their battle. To track the developments of this global pandemic, our direct-to-consumer website, Healthinsurance.com launched a news feed to consolidate and recap global news pieces and highlights about Coronavirus.
Extensive COVID-19 Survey Reveals Interesting Findings
Healthinsurance.com, Benefytt’s direct-to-consumer private insurance and Medicare website, is getting a solid pulse on the reactions and concerns of Americans throughout the coronavirus pandemic. The brand recently launched a series of COVID-19 surveys, which gathered insights from 1,000+ respondents of all ages. The most recent survey was the most comprehensive one yet, covering COVID-19 topics such as testing and vaccines, social distancing and mental health, economic impacts, and more. COVID-19 Survey Highlights
Healthcare Technology and Coronavirus [Survey] - Benefytt Technologies
Certain U.S. cities are allowing residents to head back to work, dine at their favorite restaurants, and somewhat return to a sense of normalcy. But we aren’t out of the (coronavirus) woods yet. In fact, more than 1,000 Americans expressed how the pandemic is still a big concern in a recent survey by healthinsurance.com, Benefytt’s direct-to-consumer e-commerce platform for Medicare and private health insurance products. 84% of respondents feel that there will be a second wave of COVID-19 in the U.S., a sentiment that matches the data showing an unfortunate spike in coronavirus cases nationwide.
Big Data in the Insurance Industry
The digital technology revolution has transformed the professional world in significant ways. And it’s no surprise that big data technology has gained popularity, especially with the amount of insightful data that’s available to organizations. In this article, we’ll cover: Definition: What is big data anyway?Characteristics of big data (The 4 “V’s”)The importance of big dataHow does big data work?
