Here's what you need to know when it comes to paying for coronavirus treatment

  • 📰 CNBC
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

The average cost to treat a hospitalized patient with coronavirus is $30,000, according to a study.

"You might have, say, an Aetna or United Healthcare insurance card, but they are just the administrator of the plan and not the one making the rules," Schwartz said.

If your employer plan isn't among those that's waiving treatment costs, typical co-pays and deductibles would apply. The average deductible among employer plans is $1,655. For non-group policies purchased through an exchange, the deductible typically is higher:About 157 million people had employer-based plans as of 2018, according to Kaiser data. Another 20 million had individual policies.

Roughly a third of Medicare recipients have an Advantage Plan. Many of the plans — which deliver Parts A and B, and typically prescription drug coverage — have their own cost-sharing structures. Some insurers who offer those plans have said they will waive treatment costs.

However, for those with basic Medicare and no additional coverage — whether through Medicaid, an employer plan or elsewhere — the cost-sharing hasn't changed.Those recipients would face a $1,408 Part A deductible when they're admitted to the hospital, although that covers the first 60 days of hospitalization.

For patients on Medicaid — roughly 65 million people whose incomes are low enough to qualify for that program — the cost-sharing for medical care is typically minimal, although it varies from state to state.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Over 11 million naira per patient.these is big.please every one should follow the covid 19 safety measures seriously and stay safe make Nigeria money no finish.lets slow the rise of covid in 🇳🇬

I'm proud of my country Nigeria 🇳🇬 🇳🇬

This is the great United States, the world's first country. Even the cost of treatment is the first in the world!

They could send that straight to collections for all I’d care. I’d rather have ruined credit than pay that.

Bernie is right we need socialized healthcare

Wondering how British PM got out while people of the same age group are dying? May be its just the viral load or may be he got special treatment which the commom man can’t get ?

That's why we are being destroyed.

There we go..extra extra read all about it humans being sold for 30k.

Wait, it can be much more than that since that's another lost family supporter plus community member lost. Not counting the priceless of the life itself. It does a great lost each one of them. It truly doesn't looking good at all for this administration as a whole. Too much lost!

Mankind is not intune with macrocosm of life. They are playing God. Those people that want to leave this Earth for God are prevented.

Australian here ... The cost of hospital treatment for Covid 19 (and every other serious disease) is covered by our universal healthcare system. Same in UK, France, Germany, NZ, Japan, Spain, etc etc. Something very seriously wrong with the US in this department. It's shameful.

KyaeGunn these are those great business opportunities trump and mnuchin were talking about

CharlesMBlow They should send that imp in the WH the bill.

Equivalent of 12,000,000 million Nigerian Naira. If it going to be so in Nigeria, then let's just prepare our graves.

This is why nobody should trust the numbers. People who can't afford testing/treatment are completely left out of the equation.

CharlesMBlow I think you mean the average charge is $30,000. Hospitals will never tell the actual cost.

Money talks in US 🤦‍♂️🤦‍♂️🤦‍♂️

CharlesMBlow Sickening...AGAIN.

Ventilation is very expensive

Don't worry, Joe Biden will make sure your employer based coverage, covers 1/3rd of it.

CharlesMBlow That actually seems low to me. But our hospitals are on the high side I think.

Working for a major hospital in So Cal, it sounds like a bargain. Even 10 days in the hospital would likely be more. I heard TyrannicalTangerineTrump say that inpatient hospitalization costs will be deferred (to an extent) for COVID19 patients. Didn’t believe it, but he said it

Is this MAGA that was promised?

CharlesMBlow this should allow the insurance companies to increase their profits as they raise premiums.

Wow tha real cause for tha pandemic is all tha mighty Dollar , population control somewhat, and tha medical field makes a killing .......

But we got me some ObamaBiden Care.

how did the know, someone other than rand paul get a test?

*****IN AMERICA ONLY*****

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How a stockpile of 39 million masks was exposed as fakeThe FBI thwarted a fraudulent deal for 39 million masks needed by healthcare workers fighting coronavirus. Are you stockpiling? I’m actually shocked by the lack of PPE. I anaesthetised 9 patients in one day last week here in Australia and had new PPE per patient. Then this is shameful: California governor praises Trump's efforts to help state amid coronavirus crisis
Source: latimes - 🏆 11. / 82 Read more »

ER doctor on what it’s like to survive coronavirusDana Kass, an emergency medicine doctor, tells Chris Hayes what it’s like to have the coronavirus. Hey chrislhayes any interviews with somebody that has recovered from the virus, one that's been on deaths door step. On how the process served them? After all, 4 times as many people recover from the virus than die from it. It seems logical to do some real living stories. Trump support is waivering so bad if you look at his followers it's been padded with millions on bots. Already reported at least 30 in a row. Far to many questions surrounding the communist party & coronavirus . Spoken in English
Source: MSNBC - 🏆 469. / 51 Read more »

Hydroxychloroquine expert fact-checks President Trump's claims about drug as coronavirus treatmentPresident Trump says he may start taking the drug hydroxychloroquine to prevent COVID-19. A world-renowned expert in malaria drugs says there is 'no such evidence' that it will be effective.
Source: Yahoo Lifestyle - 🏆 365. / 59 Read more »