4 Anonymous Asked: May 5, 2020In: Health Do hospitals make money from covid-19 (Corona Virus)? 4 Corona is in havoc all over the world. The biggest impact of this is being seen in USA. so do hospitals make money from covid-19 (Corona Virus)? Share Facebook 4 Answers Voted Oldest Recent Jackson United Kingdom (UK) 0 Questions 10 Answers 0 Best Answers 105 Points View Profile Jackson Added an answer on May 5, 2020 at 1:30 pm Yes, hospitals make money from COVID-19? If a person is suffering from corona, then about 20,000 dollars will cost in his treatment. There are more than 1 million corona cases in USA, so you can guess how much money hospitals are making. Corona’s treatment is too expensive. Therefore, gym people do not have health insurance, it will be very expensive to get them treated. And according to which the corona is spreading, we should remain alert. But we should help 10% of those who cannot get their own treatment. 20 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Agnes United States (US) 0 Questions 15 Answers 0 Best Answers 146 Points View Profile Agnes Added an answer on May 5, 2020 at 1:21 pm Yes, it is true that hospitals are earning more money due to Corona. But if you have health insurance then you do not need to fear, almost all insurance companies are counting corona disease in insurance. But yes, insurance companies are suffering a lot due to this. There are more than 1 million corona patients in USA. And at this time it is also wrong to say that hospitals are making money or are. We should thank the doctors that they are not leaving us in such critical times. They are also threatened by corona. Many doctors have lost their lives too. A few states, including New York and Washington, have issued emergency orders directing state-regulated health insurers to waive any copayments or deductibles for patients who need tests for the coronavirus. So if you live in these states then you will not have to pay for it. Getting tested for the novel coronavirus is now free, but being treated for the respiratory illness could cost up to $20,000, a recent analysis by Peterson-Kaiser Family Foundation Health System Tracker found. People with health insurance through their employer could pay more than $1,300 in out-of-pocket costs if they’re hospitalized with a severe case of COVID-19, Peterson-KFF found. The estimated costs were based on 2018 hospitalization costs for pneumonia patients with employer-sponsored health insurance. 20 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Amelia 11 Questions 69 Answers 1 Best Answer 609 Points View Profile Amelia Added an answer on May 5, 2020 at 1:40 pm What’s True It is plausible that Medicare is paying hospital fees for some COVID-19 cases in the range of the figures given by Dr. Scott Jensen, a Minnesota state senator, during a Fox News interview. What’s False However, Medicare says it does not make standard, one-size-fits-all payments to hospitals for patients admitted with COVID-19 diagnoses and placed on ventilators. The $13,000 and $39,000 figures appear to be based on generic industry estimates for admitting and treating patients with similar conditions. 1 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Isabella Los Angeles, 1 Question 8 Answers 0 Best Answers 76 Points View Profile Isabella Added an answer on May 5, 2020 at 1:38 pm 1 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer.