More employers are wondering Why Pay For Health Insurance For Those That Don’t Need It?
It is estimated more than 100,000,000 Americans qualify for free or almost free hospital care thanks to IRC 501r. Here’s one example of a hospital’s Financial Assistance Policy.
“For emergency and medically necessary services at Covenant Health hospitals we provide financial assistance to eligible patients on a sliding fee scale basis, with discounts ranging from 75 to 100 % based on ability to pay. Financial assistance for other services or at our non-hospital facilities is governed by the policies of the Covenant Health entity providing the care.”
Covenant HealthCare Financial Assistance Program Sliding Scale 2023
Effective 1/23/2023
100% | 75% | |
Family Size | 200% of Federal Poverty Guideline or less | 201% to 300% of Federal Poverty Guideline |
1 | 29,160 | 43,740 |
2 | 39,440 | 59,160 |
3 | 49,720 | 74,580 |
4 | 60,000 | 90,000 |
5 | 70,280 | 105,420 |
6 | 80,560 | 120,840 |
7 | 90,840 | 136,260 |
8 | 101,120 | 151,680 |
For families/households with more than 8 persons, add $5,140 for each additional person.