How Much Is A Hospital Stay Per Day With Insurance?

Understanding Hospital Costs

When you’re sick and need to go to the hospital, the last thing you want to worry about is how much it will cost. But, it’s important to understand the financial implications of a hospital stay. Hospital costs can vary greatly depending on the type of treatment you need, the length of your stay and whether you have insurance or not. It’s important to know what to expect so you can make sure you’re financially prepared.

Average Cost of a Hospital Stay

The average cost of a hospital stay in the United States is $10,700 per day, according to the Agency for Healthcare Research and Quality. This doesn’t include the cost of physician services, medications, tests or other services. The cost of a hospital stay can vary greatly depending on the type of care you receive and the length of your stay. For example, the average cost of a one day hospital stay for a heart attack is $14,500, while the average cost of a one day stay for a broken arm is $4,400.

Costs With Insurance

The cost of a hospital stay with insurance is typically much lower than the cost of a hospital stay without insurance. The amount you pay out of pocket will depend on the type of insurance you have and the specific services that are covered. Generally, you will be responsible for paying a fixed amount, called a “copayment,” for each day of your hospital stay. Copayments typically range from $25 to $250 per day. You may also be responsible for any additional services that your insurance does not cover.

Costs Without Insurance

If you don’t have insurance, the cost of a hospital stay can be much higher. The exact cost will depend on the services you receive and the hospital you’re staying in. The average cost of a one day hospital stay without insurance is $2,000. Depending on the services you receive, the cost could be much higher. Additionally, you may be responsible for any additional services that are not covered by the hospital.

Help Paying Hospital Costs

If you’re worried about how you’ll pay for a hospital stay, there are several options available. Many hospitals offer financial assistance programs to help patients who are unable to pay their medical bills. Additionally, there are several organizations that offer assistance to people who need help paying for medical care. Finally, you may be able to get coverage through a government assistance program such as Medicaid or Medicare.

The Bottom Line

The cost of a hospital stay can vary greatly depending on the type of services you receive, the length of your stay and whether or not you have insurance. If you have insurance, you’ll typically be responsible for paying a copayment. If you don’t have insurance, the cost of a hospital stay can be much higher. To help pay for a hospital stay, you may be eligible for financial assistance or a government assistance program such as Medicaid or Medicare.