Path to Herd Immunity

We believe COVID-19 herd immunity (>60% of population immune) will be reached in the US during summer 2021 (Jul-Sep 2021). At the time herd immunity is reached, 50% of the immunity will be achieved through natural infection, and the other half will be achieved through vaccination. New infections may become minimal before herd immunity is reached (Jun-Aug 2021). But due to imported cases and localized clusters, it is unlikely that new infections will drop to zero until 2022. Deaths may drop to low levels even earlier (May-Jul 2021), in part due to a vaccine distribution strategy that initially prioritizes high-risk individuals. Once deaths fall to minimal levels, we may begin seeing a relaxation of restrictions. Summarizing the above findings, our best estimate of a complete “return to normal” in the US is mid-summer 2021 (Jun-Aug 2021).

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