Indiana life insurance CEO says deaths are up 40% among people ages 18-64

[Nevilledog]

https://www.thecentersquare.com/indiana/indiana-life-insurance-ceo-says-deaths-are-up-40-among-people-ages-18-64/article_71473b12-6b1e-11ec-8641-5b2c06725e2c.html

(The Center Square) – The head of Indianapolis-based insurance company OneAmerica said the death rate is up a stunning 40% from pre-pandemic levels among working-age people.

“We are seeing, right now, the highest death rates we have seen in the history of this business – not just at OneAmerica,” the company’s CEO Scott Davison said during an online news conference this week. “The data is consistent across every player in that business.”

OneAmerica is a $100 billion insurance company that has had its headquarters in Indianapolis since 1877. The company has approximately 2,400 employees and sells life insurance, including group life insurance to employers nationwide.

Davison said the increase in deaths represents “huge, huge numbers,” and that’s it’s not elderly people who are dying, but “primarily working-age people 18 to 64” who are the employees of companies that have group life insurance plans through OneAmerica.

*snip*

[Botany]

1. " ... the death rate is up a stunning 40% from pre-pandemic levels among working-age people."

Brought to us by this asshole:



May 2018 The Trump Administration disbands the White House pandemic response team.
Trump also removed the CDC's epidemiologist from Wuhan in 2018 and got us out of international
pandemic task force (PREDICT) in the late summer of 2019. TFG did like anything that "The Black
Guy" had gotten done.

[The Magistrate]

2. Hey, It's Just The Flu, Ma'am

Can't see why everybody's getting their panties in a twist over it.

Snowflakes....

[BSdetect]

3. The numbers of dead are probably way above the 800,000+ estimate.

So many corrupt figures from FLA for instance.

[Botany]

6. I have read from credible source that the real # is more than 1,000,000 because a lot of the early..

... cases that died of C-19 were not diagnosed as having died of the C-19 virus.

[mopinko]

8. at least. red states were flat out hiding deaths.

[Delmette2.0]

9. +1

[BSdetect]

10. We need confirmation re actual deaths. One million murdered by the madman.

[Initech]

4. I'm guessing most likely vax-holes and future HermanCainAward winners?

[ProfessorGAC]

5. Actuaries I Know...

…have been saying deaths are up such that the unexplained & unpredicted deaths, if attributed to COVID (a reasonable assumption) the actual death count is 30-40% higher than the officially reported value.
All 4, at 3 different insurance companies have been pretty consistent on this since around May/June 2020.
So, this statement is unsurprising.

[Nevilledog]

11. I thought of you when I posted this.

I knew you had actuary contacts.

[ProfessorGAC]

12. One Retired This Past Year

But, he did work until July or August, so over a year in the COVID era.
That said, all 4 say pretty much the same thing, & the other 3 are still working.

[JCMach1]

13. Actuaries don't lie ... It's about the $$$ and stats ...

And I might add historic stats ...

[ProfessorGAC]

15. You Bet

Their ability to model the in flow & out flow of cash allows the investments to be timed for maximum return.
Their margins of premium - coverage costs are no better than 25% of their profit source.
It’s all in the investing/lending of that cash.
They are wrong too often, the company will find new actuaries.

[crickets]

7. K&R for visibility.

[SWBTATTReg]

14. Interesting. I wonder if stats (more accurate) could be gleamed from sales of ...

cemetery plots, caskets, profit and loss statements of funeral services, flowers, etc. and of course insurance payouts (this is just from one insurance company). I imagine that the insurance industry probably has more things in place to track these deaths, so as to better forecast anticipated death rates (to predict actuary rates etc.). I suggest this since a lot of republican states have resorted to sugar coating actual death stats or not reporting them, etc.

There is an interesting science that I'm aware of, to predict the spread of COVID, they sample the waste treatment plants in MO for the prevalence of COVID etc., to determine how widespread COVID is. Perhaps there is a science too now that based upon COVID numbers in a region, that anticipated death rates would be ABC.

Then of course extrapolate that to the entire Country, to get a far better picture / scope of COVID deaths. This stats by republican dictate must stop if we're ever to stop this COVID virus spread in its tracks. Anyone enabling the distortion of the spread of this disease must be charged w/ a federal crime. Otherwise, how will we ever stop this disease in its tracks from spreading from one state that does absolutely nothing for COVID, vs. others that do everything?