WEDNESDAY, Oct. 11, 2023 (HealthDay News) Peripartum out-of-pocket costs are higher than many commercially insured families can afford, leading to medical debt, according to a research letter published online
The lingering effects of COVID-19 on some patients’ health has gotten a lot of attention. But a new study suggests many face long-term major financial impacts after their illness. Whether or not they got hospitalized during their bout with COVID-19, patients had a higher risk of serious money problems after their infection, compared with a comparison group of individuals whose financial outcomes were measured prior to getting COVID-19.
Those with private insurance reported that their largest issues were with health care affordability, while women with public insurance were most concerned with unmet health care needs.
The medical costs of having a child in the US represent a significant financial liability for many families, even for those with insurance, a study shows.