Blockbuster: Anti-Vaxx Workers to Pay Much Higher Health Insurance, Massive Copays for COVID – Report

Co-pays up to $50,000 for COVID treatments for unvaccinated

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CBS News: Workers who have yet to be vaccinated against COVID-19 could soon be paying as much as $50 more per paycheck for health insurance as companies across the U.S. try to protect their employees — and themselves — from outbreaks of the disease.

Although most companies remain hesitant to require workers to get vaccinated before they return to the office, even offering hefty financial incentives to get a shot, a growing number of big employers are imposing such mandates. And as sick Americans again flood hospitals amid a surge in cases caused by the virus’s Delta variant, experts say corporations are weighing whether to hike unvaccinated employees’ monthly insurance premiums.

“Because of the emergence of the Delta variant and because vaccination levels have stalled out with employers, they’re trying to take some more ‘stick’-type measures rather than the incentive,” said Wade Symons, a partner at Mercer Health, a benefits consulting firm. “They’re looking for something that’s going to move the needle, and they’re looking at a surcharge as a potential option for that.”

Symons said the idea of charging unvaccinated employees more for health coverage is “gaining momentum” among his  clients in manufacturing, retail, hospitality, financial services and other sectors. The rationale is simple: Workers who have yet to get jabbed are at greater risk of getting COVID-19. A severe case could be costly for their employer, particularly if it involves an extended hospital stay.

“Unvaccinated individuals have potential to cost the employer more from a health care spend perspective,” Symons told CBS MoneyWatch. “They could get COVID and incur expensive hospital costs up to $50,000 for an individual with a tough COVID case.”

Read more..

https://www.cbsnews.com/news/covid-vaccine-insurance-premiums/

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