Health Payer Intelligence: Over six million seniors may face COVID-19 treatment out-of-pocket costs
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More than six million seniors could face COVID-19 treatment out-of-pocket healthcare spending if diagnosed with the coronavirus.
Traditional Medicare and Medicare Advantage cover nearly all of the same coronavirus-related services, including testing, in-person office visits, and telehealth visits. Traditional Medicare and Medicare Advantage will also cover the vaccine when it comes out.
But coverage does not mean that patients are free from out-of-pocket healthcare spending.