Learning Center > Survey Findings: Coronavirus Economic Impacts

Survey Findings: Coronavirus Economic Impacts

It’s no secret that the Coronavirus pandemic is impacting our economy and unemployment rate in unprecedented ways. In fact, our unemployment claims have reached 17 million over the past two weeks alone.

That’s why we recently launched a coronavirus economic impact survey to more than 1,000 respondents who answered personal questions about their concerns on medical costs, unemployment and the loss of health insurance, especially in light of COVID-19.

One thing that stood out: While some of our respondents reported losing their health insurance during this pandemic, more than half of them said they don’t know their health insurance options if they were to lose their job-based coverage.

Survey Highlights

COVID-19 Infographic HealthInsurance.com Coronavirus Economic Impact on Employment, Health Insurance and Finances Infographic

Other findings

Will you be able to pay all of your bills this month?

  • Yes: 77%
  • No: 23%

Do you think everyone should be able to be tested for Coronavirus?

  • Yes: 81%
  • No: 19%

Do you have health insurance?

  • Yes: 90%
  • No: 10%

Have you lost your job due to the coronavirus pandemic?

  • Yes: 24%
  • No: 76%

If yes, have you lost your health insurance too?

  • Yes: 9%
  • No: 91%

Are you aware of your health insurance options if you lost your health insurance during this pandemic?

  • Yes: 44%
  • No: 56%

Have you used telemedicine before the coronavirus pandemic?

  • Yes: 20%
  • No: 80%

Do you intend on using telemedicine during the coronavirus pandemic?

  • Yes: 47%
  • No: 53%

Have you received correspondence from your regular doctor about telemedicine?

  • Yes: 33%
  • No: 67%

Have you received correspondence from your health insurance company about telemedicine?

  • Yes: 28%
  • No: 72%

Are you aware you can just buy a telemedicine plan?

  • Yes: 15%
  • No: 85%

Would you use a telemedicine appointment for your pet?

  • Yes: 45%
  • No: 55%

Are you following your state's stay-at-home guidelines?

  • Yes: 92%
  • No: 8%

Are your neighbors, friends and family following your state’s stay-at-home guidelines?

  • Yes: 81%
  • No: 19%

One silver lining that's worth noting during this difficult time: The final question of our survey asked respondents if they think healthcare workers on the frontlines of COVID-19 deserve a “bonus” from the federal government. And 87% said yes - a real testament to the hard work of our everyday healthcare heroes - and one thing mostly everyone can agree on.

Our Methodology

The above results were gathered through an online poll of more than 1,000 Americans between the ages of 18-64. The poll was conducted from April 3, 2020 to April 7, 2020, gleaning representative samples from each state based on population.

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