The Cost of COVID-19: Impact on the United States
As one of the world's largest economies, the United States was heavily affected by the coronavirus, exacerbated by the poor response by the American government and low-income areas being hit harder. The first item, NYC Turns to Makeshift Morgues and Hospitals During COVID-19 Pandemic, touches on the situation in New York at the beginning of the outbreak. In New York City, people in protective gear were seen loading what appeared to be bodies onto refrigerated trucks serving as makeshift morgues, according to photos and videos circulating on social media. This video depicts how New York City had so many cases that they had resorted to making makeshift hospitals and morgues for patients.
The second item, Hospitals and Health Systems Face Unprecedented Financial Pressures Due to COVID-19, deals with the ongoing crisis within the American healthcare system. As outbreaks have occurred across the country infecting more than 1 million people, hospitals have ramped up testing efforts and are treating hundreds of thousands of Americans in an effort to save lives and minimize the virus’ spread. This has taken a huge strain on the U.S. healthcare system. This article describes the issues the United States healthcare system is facing due to the outbreak of COVID-19.
The third item, Will Coronavirus Bankrupt Rural Hospitals?, depicts the crisis that many small hospitals are dealing with, both with patients and with funds. As the coronavirus spreads across America, many struggling hospitals are seeing a massive loss of revenue after they were forced to cancel profitable non-emergency medical procedures. To save money, rural hospitals are furloughing thousands of workers like nurses and support staff at a time when healthcare professionals are needed the most.
The last item, How Coronavirus Set Off A Bankruptcy Wave For The U.S. Economy, depicts the impact that company bankruptcys can have on consumers. The coronavirus pandemic is bringing on a wave of bankruptcies in 2020. And it’s not just the retail sector that’s suffering. Automotive, aviation, telecom, and oil and gas companies are all feeling the pain as consumer demand dries up. Many businesses have already declared bankruptcies and more could follow if the virus isn't dealt with soon.