Hospital reimbursement for uninsured COVID-19 hospitalizations will range from nearly $14B to $42B, accounting for a significant portion of the $100B slated for hospitals in the CARES Act.Hospital reimbursement for the treatment of uninsured COVID-19 patients could account for more than 40 percent of the $100 billion earmarked for hospitals in the latest coronavirus stimulus package, according to estimates from the Kaiser Family Foundation.In a new issue brief, researchers from the Kaiser Family Foundation estimated total hospital reimbursement to range from $13.9 billion to $41.8 billion depending on the rate of and severity of COVID-19 hospitalizations among the uninsured population.That reimbursement range is based on Medicare reimbursement for hospitals admissions for similar conditions, including respiratory infections and inflammations with major comorbidities or complications, which averaged $13,297 in reimbursements, and, in more severe cases, respiratory system diagnosis with ventilator support for greater than 96 hours, which averaged $40,218. Researchers also estimated that up to 2 million uninsured individuals could require hospitalization for COVID-19. Although, that number could be as low as 670,000 hospitalizations. |
Saturday, April 18, 2020
Hospital Reimbursement for Uninsured COVID-19 Cases May Total $42B
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