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Charges for comparable COVID-19 treatments diverge widely, analysis determines

The price of comparable COVID-19 therapies can range by tens of 1000’s of {dollars} a affected person, even inside the identical hospital, in response to a Wall Avenue Journal evaluation of pricing information that signifies pandemic care hasn’t escaped the complex economics of the U.S. health system.

One sort of affected person, with a sort of extreme respiratory situation that’s widespread amongst these admitted with COVID-19, is an instance of the wide selection. The charges for these sufferers normally spanned from lower than $11,000 to greater than $43,000, the evaluation discovered, however some costs may very well be far larger, relying on the severity of the case.

At NewYork-Presbyterian Weill Cornell Medical Middle in New York, the fee for a severe-respiratory affected person was round $55,182 if the individual have been insured by CVS Well being Corp.’s 
CVS,
-0.93%

Aetna, in response to the hospital’s information. For UnitedHealth Group Inc.’s 
UNH,
+0.43%

UnitedHealthcare, the hospital’s disclosed charge is $64,326, whereas the worth listed within the hospital’s information for sufferers lined by Anthem Inc.’s 
ANTM,
+0.84%

Empire Blue Cross Blue Defend was $94,357.

The range of prices exhibits how comparable hospital companies can generate extensively disparate payments. Even in the course of the pandemic, and inside the identical hospital, the costs usually reflect the leverage that an insurer has to wrangle reductions, in addition to the hospital’s market energy to drive up its charges.

An expanded version of this report appears at WSJ.com.

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https://www.marketwatch.com/story/charges-for-comparable-covid-19-treatments-diverge-widely-analysis-determines-11633317841?rss=1&siteid=rss | Costs for comparable COVID-19 therapies diverge extensively, evaluation determines

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