- 1,953
Has anyone seen or heard any examples of the cost for a hospital stay due to covid?
Healthcare Cost for Covid
- Thread starter Cornelius
- Start date
Yes, have been following this site, the costs keep rising. Cut and pasted the summary.
The average cost of hospital care for COVID-19 patients without insurance or who receive out-of-network care varies greatly by age – from $51,389 for patients between 21- and 40-years-old to $78,569 for patients between 41 and 60 years old, according to updated cost analysis data from FAIR Health.
Hospitalization charges for patients under 20-years-old without insurance averaged about $68,261. For people over 60-years-old, that figure was about $77,323.
The highest averaged allowed amount paid to the provider under an insurance plan was $40,208 for people over 60 and was lowest for patients 21 to 40 at $26,152.
The average cost of hospital care for COVID-19 patients without insurance or who receive out-of-network care varies greatly by age – from $51,389 for patients between 21- and 40-years-old to $78,569 for patients between 41 and 60 years old, according to updated cost analysis data from FAIR Health.
Hospitalization charges for patients under 20-years-old without insurance averaged about $68,261. For people over 60-years-old, that figure was about $77,323.
The highest averaged allowed amount paid to the provider under an insurance plan was $40,208 for people over 60 and was lowest for patients 21 to 40 at $26,152.
- Thread starter
- #3
- 1,953
Thanks. I thought it would be much higher.
I have a client that spent 10 day in the hospital. Gross bill over $100k. Don't know how many in ICU.
I don't work with folks who don't have insurance so no idea how much charges run for someone without coverage.
Repricing brings a $100k bill down to $20k or less. After insurance the OOP is almost nothing.
My wife has had a 5 day hospital stay (broken hip, not COVID) plus cataract surgery (both eyes) in the last 2 years. Those two incidents were $85k and $50k respectively. Our OOP was close to $5k on the hip and $4k on the eyes.
Folks without insurance typically pay almost $0 and they don't have any assets to go after.
I don't work with folks who don't have insurance so no idea how much charges run for someone without coverage.
Repricing brings a $100k bill down to $20k or less. After insurance the OOP is almost nothing.
My wife has had a 5 day hospital stay (broken hip, not COVID) plus cataract surgery (both eyes) in the last 2 years. Those two incidents were $85k and $50k respectively. Our OOP was close to $5k on the hip and $4k on the eyes.
Folks without insurance typically pay almost $0 and they don't have any assets to go after.
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