Medical care has always been in high demand, whether times are good or poor. In the past, even due to the various epidemics healthcare industry has mostly remained unaffected by economic downturns. The COVID-19 virus has triggered a healthcare and economic catastrophe, and the COVID-19 recession is today’s reality. Not only it has indulged in mass unemployment but is also the result of depression and other healthcare massacres throughout the world.
While healthcare personnel are preoccupied with COVID-19 patients, other patients continue to deteriorate in healthcare offices. Some primary care practices have reported 70% decreases in the utilization of healthcare services. Clinical staff salaries are being cut or frozen, and some employees are being furloughed. There has also been an upsurge in unemployment insurance claims from healthcare companies.
The rankings from worldometers state 30,453,526 people affected from COVID-19 and 400,265 died till 1st July 2021. These are the reported cases.