Hospital Prices Going Way Up, Way Up
Hospital systems are increasing prices as much as 15% according to a Wall Street Journal Report. Some employers are fighting the increases. Cheryl DeMars, CEO of the Alliance said, "It looks to us like we're overpaying to begin with. We're not inclined to just roll with requests for higher prices because of current inflationary pressure."
COVID Costing Employers A Bundle
In the six months following diagnosis patients hospitalized for COVID-19 cost their employers $34,851 more than they otherwise would have. With 160,000 working aged people hospitalized with COVID in the last 2 years and non-hospitalized cases costing another $1,037, COVID has cost employers billions.