COVID and health insurance: not getting vaccinated could cost you dearly
Insurance companies may charge more for behaviors considered risky. While they have yet to increase rates for the unvaccinated, it could happen.
HOUSTON – Nearly 100 million Americans eligible for the COVID vaccine have still not been vaccinated. And it could soon cost them money. Connect the dots.
While getting vaccinated against COVID-19 will most likely protect you from hospitalization, it could soon have another benefit: cheaper health insurance.
Before injections became available, most major private insurers waived patient payments for COVID treatments. But many have now shed that benefit and the bills are pouring in.
Kaiser Santé news reports that some patients receive six-figure bills for hospital stays from coronaviruses. And even with insurance, it can cost over $ 1,000.
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Insurers could make it even more expensive to stay unvaccinated. Some policies do not already cover the treatment of activities deemed risky. We are talking about things like rock climbing and scuba diving. Another example – smoking. The Affordable Care Act allows insurers to charge smokers up to fifty percent more than non-smokers.
So far, insurance companies have not indicated whether they will charge more unvaccinated customers. But in the end, these unvaccinated clients will cost them more. Experts, however, agree that a price increase is unlikely to happen until the vaccine is approved by the FDA.
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