The Economic Impact of COVID-19 on the Health Care Sector in New England
by Mark Hernandez, James Balcius, Mischa Shattuck
As part of the GRI Whitepaper Series, GRI has released 10 Special Investigation Reports supported by the Federal Emergency Management Agency (FEMA). These reports bring together analysis and policy recommendations in cross-cutting critical areas including municipal and state budgets, housing, food, healthcare, K-12 education, childcare, higher education, small business, energy, and fisheries. Each sector-specific report was authored by subject matter experts of these areas from GRI’s Northeastern Faculty Affiliates and Massachusetts Institute of Technology’s Lincoln Laboratory, providing an in-depth, accessible review of the challenges, opportunities and actionable policy considerations in each area facing the COVID-19 crisis.
The economic impact of the COVID-19 pandemic has disrupted every component of the U.S. health care system. This report provides a topical assessment of the economic impacts of COVID-19 on health care systems, as well as their implications on long-term recovery and resilience. The report includes insights at the national and state level with a focus on FEMA Region 1 – Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.