Closing Thought–04Sep20

Daily we have reports on the track of the Covid-19 virus here in the US….but seldom do we get the actual costs of contracting the virus.

A guy in Washington got his bill for his treatment of the virus…..7 figures!

One of the first COVID-19 patients in the US, Michael Flor of Seattle spent 62 days in the hospital and two weeks in a rehab facility—then returned home to a $1.1 million medical bill. There were thousands of charges on the 181-page bill, he tells KOMO News. An earlier story from ABC 13 explains that he was charged $9,700 for each day in the ICU, $80,000 for 29 days on a ventilator, and more. Fortunately, Medicare, supplemental insurance, and Congressional funding to help hospitals with coronavirus costs kicked in, and he only had to pay about $3,000. Even so, Flor’s story highlights the shell shock that could come for many coronavirus patients.

The news station says one national survey of healthcare claims found the average charge of a COVID hospitalization for someone without insurance is around $73,000; with insurance, it’s around $38,000. The full cost of COVID hospitalizations for this year in the US is expected to be $17 billion, and one actuary studying that cost and its consequences says it will end up increasing taxes and insurance premiums: “What happens with the entire system is that COVID-19 is going to be expensive.” But, she notes, the true cost may not be known for quite some time, as the long-term effects of the disease are still being uncovered. As for Flor, the Seattle Times highlights his full story here.

Personally I think that the media needs to re-port the costs as well….maybe that will scare the idiots that do not wear masks into realizing what they will be paying in the future.

Then there is the cost for the vaccine when it is finally approved for use…..for those casual readers that may have missed my post on the vaccine…..https://lobotero.com/2020/06/17/remember-that-vaccine/

Learn Stuff!

I Read. I Write, You Know

“lego ergo scribo”

 

2 thoughts on “Closing Thought–04Sep20

  1. $3,000 is still a great deal of money, when you consider that ove here it is all included in your monthly NHS contributions. Then once you have paid in for 40 years, it is FREE!
    Best wishes, Pete.

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