In a recent webinar organized by insurance company Allianz PNB Life, Reach52 Founder and Chief Executive Officer Edward Booty revealed that demand for digital and telehealth services are expected to increase as the world continues to fight the COVID-19 pandemic.
During this period of community quarantine, the global insurer has been sponsoring talks about the impact of COVID-19 on life and business in a bid to help Filipinos become more informed in adjusting to the new normal. Booty, who has worked for the UK National Health Service (NHS) and one of the world’s largest consulting organizations prior to launching his award-winning social enterprise in 2016, was the guest speaker on the webinar, "Insights and Learnings: COVID-19 Impact on Healthcare System."
During his talk, Booty emphasized the importance of digital systems and telehealth services in addressing the non-COVID health problems that would arise from the pandemic.
"Global demand for telehealth is expected to increase due to COVID-19," he said.
In the US, the telehealth market is projected to grow by 80 percent. In the Philippines, the Department of Health (DOH) has already started boosting telehealth services in the National Capital Region (NCR) and is expected to expand this to other regions soon.
Even before the pandemic, Allianz has been offering 24/7 telehealth consultation as part of its Allianz Well! insurance product. With an annual plan limit of up to PhP100 million, it gives plan holders access to an accredited healthcare network.
"The market is slow now, but inevitably a number of core trends and needs will come out of this global crisis," Booty added.