Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessHealth insurance providers request people who contract COVID to share the cost...

Health insurance providers request people who contract COVID to share the cost of treatment when hospitalized.

Add to Favorite
Added to Favorite

If you are hospitalized with the COVID-19 virus, the hospital bill usually can reach up to $50,000 for the most severe cases. People that are fully insured with something like pneumonia, patients get about the same treatment as a COVID-19 patient in a hospital. The cost for a  pneumonia patient ends up being around $1300 for a fully insured patient. Of course, the longer the hospital stay the more expensive the treatment.

Most insurance companies ended up paying all out-of-pocket costs include any Coinsurance payments towards any deductible, copays,  and medication if they were hospitalized with COVID-19, the Kaiser foundation reports

Still, patients won’t be responsible for the full cost of treatment, which can reach up to $50,000 for a severe case. Fully insured patients hospitalized with pneumonia – which involves similar treatment as for people with COVID-19 – typically end up owing around $1,300, for example.

Insurance carriers became highly profitable during the COVID-19 pandemic. While many elective procedures were delayed during the COVID-19 pandemic the profits to the hospital were made up with the high charges’ insurance companies were billed for COVID patients.

Now it to take effect soon, 70% of the nation’s largest insurers are no longer waiving COVID-19 treatment costs. Now that more people have received the vaccines, there are less hospitalizations, in particularly due to the current delta variant that has been spreading through the country.

Rochester news reports– “Of the 29 plans still waiving cost-sharing for COVID-19 treatment, 10 waivers are set to expire by the end of October,” authors of the KFF report said. “This includes waivers that tie to the end of the federal Public Health Emergency, which is currently set to expire on October 17, 2021, though may be extended. Another 12 plans state that their cost-sharing waivers will expire by the end of 2021. Two plans specified end dates for COVID-19 treatment waivers in 2022 and 5 plans did not specify an expiration date.”

Subscribe to get Latest News Updates

Latest News

You may like more
more

CWEB Urges Web Shoppers to Complete Purchases by Christmas Eve as Walmart Closes on Christmas Day

Walmart (WMT), the nation's largest retailer, will remain closed...

KULR Technology Group’s Recent Achievements and Market Performance

Benchmark upgraded KULR (AMEX:KULR) to a "Buy" rating, reflecting...

Conagra Brands, Inc. (NYSE:CAG) Surpasses Earnings Estimates

Conagra Brands, Inc. (NYSE:CAG) reported an EPS of $0.70,...