Just had a very sobering thought re: long-term ramifications on hospitals and health insurers

[Roland99]

With the impending hospitalization of thousands upon thousands of people for multiple weeks at a time, what will be the ramifications on health insurers who’ll have massive outlays to cover the insured?

And the hospitals who’ll eat a lot of cost of patients withOUT insurance?

[GreenPartyVoter]

1. Bailouts

[guillaumeb]

3. But only for the rich.

Anything else is called welfare.

[GreenPartyVoter]

5. Indeed

[guillaumeb]

2. Insurers will raise rates for the next year to recoup their costs.

As will hospitals. And we will all suffer. And anything that increases consumer costs will be reflected in lower economic activity, depressing the GDP.

[Backseat Driver]

4. They are insured by the re-insurers...

But that too will be interesting. https://www.riskmanagementmonitor.com/the-50-largest-reinsurers/

Some have now been adding pandemic clauses and stress tests: https://www.reinsurancene.ws/

[PufPuf23]

6. Perhaps a seed will be planted as to the wisdom of a public health care system for

all with private health insurance being an option for those that chose?

[Volaris]

11. That was gonna be my response as well..

We're gonna get the Public Option Medicare Buy-in out of the next Congress.. regardless of who thinks it isnt a good idea.

[durablend]

7. Hospitals aren't going to eat the costs

You'll be put on a "send us your paycheck for the rest of your life" payment plan

edit: and don't be surprised if care is rationed on ability to pay

[Roland99]

8. That's my big fear. November is hugely important

[Trueblue Texan]

9. maybe without so much cash the insurers...

...won't be able to buy as much influence and maybe we'll be able to pass some real health care reform?

[leftstreet]

12. +1

[BBG]

10. Pay till they're broke and then nationalize them

Easy peasy we got healthcare for all.