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Discussion Boards => Off-Topic => Topic started by: calendria on September 05, 2020, 01:20:51 pm
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As a senior, this medical crisis has all of us reading the news and that results in the decision to stay away from public places. Medicare only pays 80% of hospital and some insurance hasn't opted to waive out of pocket costs for Covid19 treatment. It could be disastrously in a financial sense to contract this virus even if you lived through it!
I don't think everyone has acknowledge the money aspect of this virus, hospital cost, meds, ICU care, this nightmare it real, and effecting millions of people. Says 80% of a Covid19 experience for Medicare Subscribers could still result in thousands of dollars out of pocket if your insurance doesn't waive costs.
(Note)
Thanks to a Congressional funding bill and insurance, he likely will not have to pay the 181-page billFlor says he may not ultimately need to pay for much of his treatment. He’s insured by Medicare and Medicare Advantage through Kaiser Permanente. The health care company has announced that it will waive most out-of-pocket costs for COVID-19 patients through 2020.
https://people.com/health/man-gets-1-million-hospital-bill-coronavirus/
Washington man gets stunning souvenir with COVID-19 treatment: a $1.1 million bill
After a two-month battle with coronavirus, one Seattle man says he got a statement of charges totaling more than $1.1 million. As the price of the pandemic comes into focus, some experts say that cost may eventually fall to all of us. Flor was lucky. The 70-year-old made a full recovery and says he only had to cover about $3,000 of that huge medical bill, thanks to Medicare, supplemental insurance, and Congressional funding designed to help hospitals defray pandemic costs.The 181-page hospital bill includes a day fee of $9,736 — $408,912 total — for his ICU room, around a quarter of a million for the various drugs doctors tried on him and $82,215 for the ventilator he used for 29 days. In all, the bill was for $1,122,501.04, and includes almost 3,000 itemized charges.
https://time.com/5853392/million-dollars-covid-19-treatment-seattle/
After spending months hospitalized for COVID-19 at Swedish Medical Center in Issaquah, Wash., Michael Flor, 70, says that he knew his stay would be pricey. He’d spent 62 days in an intensive care unit, including weeks in an induced coma, and come so close to death that his family had called to say goodbye. But he says it was still “heart-stopping” to read the hospital’s bill — for $1.1 million.
“I had to look at it a number of times… to see if I was seeing it right,” Flor, a Seattle resident, tells TIME.
The 181-page bill included almost 3,000 itemized charges, the Seattle Times reported. His room in the intensive care unit alone had cost about $9,700 a day, Flor says.
https://www.newsbreak.com/washington/seattle/news/2053711474196/washington-man-gets-stunning-souvenir-with-covid-19-treatment-a-11-million-bill
WASHINGTON (SBG) — After a two-month battle with coronavirus, one Seattle man says he got a statement of charges totaling more than $1.1 million. As the price of the pandemic comes into focus, some experts say that cost may eventually fall to all of us.
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>:( Oh my gosh that is some amazing information.......and not good to hear but I don't doubt any of it - this world has gone crazy if it wasn't already.
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Let's hope things will get better after the pandemic. This has made our lives very challenging.
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I agree, senior also and this virus has a mind of it's own. Even though I have a supplemental policy to cover the balance of medicare does not; whose to say that will happen. I have seen reports of people being in hospital from this virus that requires such expensive care it is just unsettling as to what kind of bill one might end of with; and then there are the long terms effects which are still or unclear or weather one can get the virus again later; so many unknowns and insurance companies are not our friends!
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That's why I worry about my parents. They would be in bankruptcy if they were to catch it.
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Mind-boggling, to say the least.
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Absolutely. Best regards to all.
Let's hope things will get better after the pandemic. This has made our lives very challenging.