https://gettr.com/user/edwarddowd
Edward Dowd
@EdwardDowd
·
18h
What if I told you that in general that group life populations fair better than the total US population from a mortality standpoint. What if I then told you that this was the case in the last nine months of 2020 but group life in 2021 was proportionally worse than the overall US population. What if I also told you that the Society of Actuaries are reporting this today in a new report. We got ‘em folks. What changed in 2021? Gee I wonder!Edward Dowd
@EdwardDowd
·
17h
Group Life (GL) holders in general experience better mortality than overall US population. That was the case in first nine months of 2020. GL was 19.8% vs US pop at 22.6%. In 2021 GL was worse at 22% vs US pop at 17.9% Even age adjusted was worse at 22% vs 20%
What happened? Mandates? Jabs? YES!
Naysayers: “Well the virus not only went after the young in 2021 but also those working as well
” Page 20 of SOA report. Linked below
Edward Dowd
@EdwardDowd
·
13h
Wait till you see the baseline pre-Covid. In general working age group life policy holders experience 30%-40% the mortality of the US population in a given year. Meaning one third to two fifths the rate of everyone else. That flipped in 2021 to this group dying more than the general population…the ratio when above 1. So you want your answer to a labor shortage and inflation coupled with disability you have your answer. This is beyond fubar.