Source: Edward Dowd Death claims for working-age adults under group life insurance policies rose well beyond expected levels last summer and fall, according to data from 20 of the top 21 carriers. of life insurance in the United States. Death claims for adults aged 35 to 44 were 100% higher than expected in July, August and September 2021, according to a report by the Society of Actuaries, which analyzed 2.3 million death claims filed with life insurance companies. During the third quarter of last year, deaths in the 25 to 34 age group were 78% above the expected level and, for people aged 45 to 54, 80% more than expected Excess mortality was 53% above baseline for adults aged 55 to 64 years. Most life insurance companies listed COVID-19 as the cause of death if it appeared anywhere on the death certificate, without doing any investigation into the true cause of death. .
Hedge fund manager Edward Dowd noted that the excess deaths peaked around the time the Biden administration ordered COVID-19 vaccines and companies rushed to comply. As of August 31, 2022, about 90% of Americans age 18 and older had received at least the first dose of one of the COVID-19 vaccines, and 77% had received a first and a second dose.
Death claims for working-age adults under group life insurance policies rose well beyond expected levels last summer and fall, according to data from 20 of the 21 major U.S. insurance companies. life of the United States.
Death claims for adults 35-44 were 100 percent higher than expected in July, August and September 2021according to a report by the Society of Actuaries, which analyzed 2.3 million death claims submitted to life insurance companies.
The report analyzed death claims filed under group life insurance policies during the 24 months of the COVID-19 pandemic, from April 2020 to March 2022. The researchers used data from three years prior to the pandemic to establish a baseline for expected deaths.
While COVID-19 played a role in the majority of excess deaths in adults over 34 during the two-year pandemic, the opposite was true for younger adults. For people age 34 and younger, the number of excess deaths unrelated to COVID was higher than those related to COVID, the data show.
In the third quarter of last year, deaths in the 25 to 34 age group were 78 percent above the expected level and, for those aged 45 to 54, 80 percent more than expected. Excess mortality was 53 percent above baseline for adults aged 55 to 64.
The Society of Actuaries (SOA) asked the 20 participating life insurance companies how they determine the cause of death in order to record claims. Of the 18 who responded, 17 said they list COVID-19 as the cause of death if it appears anywhere on the death certificate, while eight of the 18 said they go further and communicate with family members and the doctor coroner and are looking to other sources to try to determine the true cause of death.
A life insurance company stated that it recorded COVID-19 as a cause of death only when it could be determined to be the primary cause of death on a death certificate.
The report also notes that white-collar workers had the highest number of overdose deaths in the two years studied. The group, which includes accountants, lawyers, computer programmers and most other jobs performed in an office environment, had 23 percent more deaths than expected.
Scott Davison, CEO of Indianapolis-based life insurance company OneAmerica, first highlighted the sharp increase in deaths among working-age people, who said in a virtual news conference on 30 of December 2021 that your company and life The insurance industry as a whole experienced a 40% increase in deaths among people aged 18 to 64.
Davison said at the time that this represented the highest mortality rates in the history of the life insurance business and that a mortality increase of just 10 percent would constitute a “three sigma” event, a catastrophe of once every 200 years. .
OneAmerica is one of 20 companies that provided data for the SOA report. The others include Aflac, Anthem, The Hartford, Lincoln Financial Group, MetLife, New York Life and Principal Financial.
Edward Dowd, a hedge fund manager who has been studying excess mortality for the past few months and has a forthcoming book on the subject, Cause Unknown, says the death rate among young people is alarming. He noted that the excess deaths peaked around the time the Biden administration ordered COVID-19 vaccines and companies rushed to comply.
“Temporarily, in that three-month period, the change was such that, there was something that happened,” He said. “Well, we all know what happened in August, September and October. It was Biden’s mandates on September 9, and many corporations are anticipating those mandates.“
On September 9, 2021, President Joe Biden ordered the COVID-19 vaccines for federal employees and healthcare workers in Medicare and Medicaid certified facilities. On the same day, the President directed the Occupational Safety and Health Administration (OSHA) to implement a nationwide vaccination mandate for private businesses with 100 or more employees.
The US Supreme Court struck down OSHA’s mandate in January, but allowed the mandate for healthcare workers to remain in place.
The vaccination campaign for the majority of the population against COVID-19 is the largest vaccination campaign in the history of the world.
As of August 31, about 90 percent of Americans age 18 and older had received at least the first dose of one of the COVID-19 vaccines, and 77 percent had received a first and second dose
Dr. Robert Malone, a physician and research scientist credited with inventing mRNA technology for use in vaccines, says excess mortality should always be studied to determine whether a vaccine or drug actually they are safe
“Excess mortality should be a signal, a trigger,” he told The Epoch Times. “When we see excess mortality like that, basically if you’re doing a clinical trial and you see this kind of excess mortality, stop the trial. And investigate the cause before you go forward. And if you market a drug, generally with that type of data, stop dispensing the drug until you’ve resolved it.”
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