How Much Could Medicare Beneficiaries Pay For a Hospital Stay Related to COVID-19?
(By Tricia Neuman, Anthony Damico, and Juliette Cubanski for Kaiser Family Foundation)
As the coronavirus continues to spread, the number of people on Medicare admitted to the hospital for COVID-19 related illness is expected to rise, mainly because older people are at higher risk of getting seriously ill if they get infected. According to the CDC’s analysis of preliminary data, 45% of all hospitalizations and over half (53%) of intensive care unit (ICU) admissions are for people ages 65 and older. While only a relatively small share of adults who test positive for coronavirus are expected to get sick enough to be hospitalized, those who do could face significant out-of-pocket costs for their hospital stay, and many people on Medicare already face relatively high out-of-pocket health care costs. Continue reading here…
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