Canadian insurance giant Manulife Financial Corp. has released new claims data that appear to show an increase in diabetes among young people, a trend some studies and medical experts attribute to the COVID-19 pandemic. Aggregated insurance claims data from Manulife provide some information on mental health claims in Canada during the pandemic. Moreover, there was a 22 per cent increase between 2019 and 2022 in the number of Canadians in that age bracket on long-term disability for mental illness, Manulife said. The insurer did not provide baselines for the health claims or explain why data released so far included only claims related to mental health and diabetes. During the second wave, in January 2021, COVID-related death claims represented 11 per cent of total individual claims and a high of 6.8 per cent of group insurance claims.


Source:   National Post
December 08, 2022 18:00 UTC