Medicare Beneficiaries Without Supplemental Coverage Are at Risk for Out-of-Pocket Costs Relating to COVID-19 Treatment

(By Meredith Freed, Juliette Cubanski, and Tricia Neuman for Kaiser Family Foundation)

The coronavirus outbreak has heightened concerns about out-of-pocket health care costs and the ability to pay for COVID-19 treatment. This is of particular concern for older adults who are at higher risk of getting seriously ill from the coronavirus and may require hospitalization. The Trump Administration recently announced that the uninsured will not have to pay any hospital costs for COVID-19 treatment, and many insurers are voluntarily waiving cost sharing for treatment, including firms that cover a majority of Medicare Advantage enrollees. Other Medicare beneficiaries may also have some or all of their COVID-19 treatment costs covered by supplemental coverage, such as Medicaid, employer-based insurance, or Medigap. Continue reading report here…

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