COVID-19 Could Cause $650B in Direct Medical Costs

Researchers estimate there will be $163 to $654 billion in direct medical costs caused by the COVID-19 pandemic, according to a new study. If 80% of the U.S. population comes down with COVID-19, it will create $654 billion in direct costs resulting from almost 45 million hospitalizations, 6.5 million ventilators in-use and nearly 250 million hospital bed days, Health Affairs found. But if 20% of the population develops COVID-19, the virus would bring about $163 billion in direct costs thanks to just over 11 million hospitalizations, 1.6 million ventilators used and more than 62 million hospital bed days.

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Source: https://www.modernhealthcare.com/finance/covid-19-could-cause-650-billion-direct-medical-costs

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