“MA Members Could See High Out-of-Pocket Costs For COVID-19,” by Hannah Nelson, HealthPayerIntelligence
“High out-of-pocket costs may dissuade some Medicare Advantage beneficiaries from seeking COVID-19 care as payers eliminate cost-sharing waivers, according to a new American Journal of Preventive Medicine study that calls for legislation to mandate insurers cover hospitalizations from the virus. While most payers currently cover COVID-19 hospitalization costs in full for Medicare Advantage (MA) beneficiaries, some insurers have started to roll back cost-sharing waivers, which may suggest that coverage for COVID-19 hospitalizations is on its way out.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Sure, if the government can make everything free and eliminate all individual risk, why can’t the private sector? Evidently, people in the market economy just don’t care as much as the politicians and bureaucrats who are generously spending money they’ve printed, borrowed, or taxed.