Closing Thought–02Sep21

With vaccines widely available and those idiots that have decided not to take the ‘jab’ their price for stupidity just got a lot higher….

The financial cost of remaining unvaccinated ⁠against COVID-19 is rising. Health insurance providers are now asking people who contract the disease to share the cost of treatment, which can get expensive if it requires a lengthy hospital stay.

Early in the pandemic, most private insurers waived cost-sharing for patients under their plans or even covered the full cost of treatment. In November 2020, nearly 90% of insured individuals would have had their out-of-pocket costs — including copays, coinsurance or payments toward a deductible — waived if they had been hospitalized for COVID-19, according to an analysis by the Kaiser Family Foundation (KFF).  

But with effective coronavirus vaccines widely available, most insurers are no longer waiving those costs, according to KFF. The change reflects a broader push by U.S. companies to nudge workers into getting inoculated in hopes of holding down medical expenses. To that end, Delta Air Lines this week said that it would charge unvaccinated employees an extra $200 a month for health coverage.

“Health insurance companies were spending so much less than expected because during pandemic. No one went to the hospital, elective procedures were delayed and insurers had more money than they were supposed to,” said Matthew Rae, director for the Program on the Health Care Marketplace at KFF.

Today, by contrast, more than 70% of the nation’s largest insurers are no longer waiving COVID-19 treatment costs, according to Kaiser, which surveyed the two largest insurers in each state and Washington, D.C.. Another 10% of plans plan to phase out cost-sharing by the end of October.

https://www.cbsnews.com/news/covid-health-insurance-cost-treatment/

I am usually a staunch critic of the health industry…but with a free vaccine and those that are stupid enough to forego….then I have NO problem making these morons pay for their stupidity.

Any thought?

I Read, I Write, You Know

“lego ergo scribo”

4 thoughts on “Closing Thought–02Sep21

  1. I think it is fair especially considering those who must defer treatment for covered treatments because of the shortage of staff and facilities. I have already signed up to be notified when I am eligible for a third booster shot.

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