Four Ways Hospitals Can Help Covid-19 Patients with Their Bills (Without Suspending Billing)

Medical bills are the last thing that you want to be entitled to in between the COVID-19 pandemic. And there are many apparent reasons for this. The two most prevalent are the lengthy bills by the end of the treatment and the improper income due to an unpredictable economy.

It was estimated that, on an average, an inpatient's hospital admission cost for COVID-19 could rise to $20,000, which is again expected to shoot higher, if ventilator support is included during treatment. The further analysis performed by the Kaiser Family Foundation also stated that people who have employer health insurance could face an average out-of-pocket cost around or more than $1300. Similarly, those with high-deductible health insurance policies may have to pay as much $2000 or more out-of-pocket costs.

Such situations caused many people to avoid treatment in the first place, which skyrocketed the total number of COVID-19 cases.

What's New Since The Very First Day?

Fortunately, the new laws were placed to expand the coverage of COVID-19 tests. Due to this, many insurers willingly waived-off cost-sharing for some COVID-19 cases.

But you must also note that, with the days passing by, even hospitals are fighting to stay afloat, capital wise. Many rural hospitals are in financial crisis. Even they are struggling to create the proper payroll. This means they are turning to banks for loans. There are many staff members whose jobs are in danger due to layoffs. This likely decreases the chances of voluntary suspension of your bills.

Although you may feel there are no ways to reduce the overall COVID-19 treatment cost. But there are many ways to negotiate hospital bills. You just need to have proper knowledge on what and when to be done.

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Location: Jacksonville, FL, USA

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