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Infographic: How much does a hospital stay cost?

PeopleKeep

As we make our way through a pandemic, the cost of health care and health insurance is on a lot of people’s minds. Although health insurance is meant to protect us financially when we are sick or injured, the cost of a hospital stay is still often unknown before the bill arrives in the mail.

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Will health insurance be more expensive for the unvaccinated?

PeopleKeep

As the world continues to feel the effects of the global pandemic, health insurance professionals are speculating whether changes in health insurance costs could be coming soon for unvaccinated Americans. With the large majority of COVID-19 deaths and hospitalizations in the U.S.

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What does health insurance cover?

PeopleKeep

Without insurance, Healthcare.gov estimates an accident leading to a broken leg can cost up to $7,500 to fix, and an average three-day hospital stay can reach up to $30,000. Census Bureau says roughly 91% of all Americans are now covered by some form of health insurance. In fact, the U.S.

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Hospital Settles With OCR for $4.75 Million Over HIPAA Violations

McDermott Will & Emery Employee Benefits

The US Department of Health and Human Services Office for Civil Rights (OCR) recently reached a $4.75 million settlement with a New York City hospital for alleged violations of the Health Insurance Portability and Accountability Act (HIPAA). Million Over HIPAA Violations appeared first on EMPLOYEE BENEFITS BLOG.

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The Financial Costs of Being Unvaccinated

Money Talk

According to the Kaiser Family Foundation (KFF), COVID-19 hospitalizations in June and July cost the U.S. health system over $2 billion dollars ! It will also charge unvaccinated employees $200 monthly health insurance premium surcharges starting November 1. Some bills for long hospital stays are well into six figures.

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Inflation Could Hit Group Health Insurance Premiums

InterWest Insurance Services

The health care sector is not immune to the effects of spiking inflation, and the increasing cost of care is likely to spill over into health insurance — but it’s uncertain by how much. While the industry was not terribly affected by inflation in 2021, recent data suggests it’s starting to hit health care providers.

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How to Cut Health Care Costs

Money Talk

One category is health care, which takes a big chunk out of family budgets. This includes expenses for health insurance as well as deductibles, copayments, and coinsurance when medical bills occur. In 2018, the average American household spent almost $5,000 per person on health care. .

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