Unvaccinated people may have to pay more for health insurance
More employers and insurance companies are considering raising health insurance premiums for employees who choose to forego vaccination.
Starting in November,
"It's similar to what already occurs with smokers," said
Unvaccinated Americans are at higher risk to develop severe cases of the virus.
The average amount hospitals across the
A
"It all winds up getting back into premiums somehow," Campanella said. "Somebody has to pay that cost."
Some companies are choosing to shift the burden of those costs from all employees to only those who choose to forego vaccination.
For companies like Delta, which is not requiring employee vaccination, it may also incentivize more employees to get the shot.
"Employers are looking at it as an incentive to get their employees vaccinated. I also think it is an attempt to get control of some of the costs related to COVID," said
O'Reilly and Campanella said self-insured companies can more easily increase premiums for unvaccinated employees.
"I think they're looking to keep their employees safe, to keep their businesses operational and then, to keep costs down," O'Reilly said.



Need a COVID test? Depending on why and your health plan, there may be a fee
Why you should you get travel insurance for your holiday trip
Advisor News
- Americans less confident about retirement as worries grow
- 6 in 10 Americans struggle with financial decisions
- Trump bets his tax cuts will please Las Vegas voters on his swing West
- Lifetime income is the missing link to global retirement security
- Don’t let caregiving derail your clients’ retirement
More Advisor NewsAnnuity News
- Allianz Life Adds New Accumulation-Focused Fixed Index Annuities
- Allianz Life adds new accumulation-focused FIAs
- Industry objects to ‘tone and tenor’ of draft NAIC Annuity Buyer’s Guide
- Annuity industry grapples with consolidation, innovation and planning shifts
- Human connection still key in the new annuity era
More Annuity NewsHealth/Employee Benefits News
- Researchers at Harvard Medical School Discuss Findings in Managed Care (Time-Driven, Activity-Based Cost Analysis of Secondary Intraocular Lens Implantation): Managed Care
- New Endometriosis Study Findings Have Been Reported from Jose Arnaldo Shiomi da Cruz et al (Endometriosis treatment pathways in the largest private health insurance in Brazil: A real-world data study): Uterine Diseases and Conditions – Endometriosis
- Findings from University of Illinois Broadens Understanding of Managed Care (Variation In Medicaid And Medicare Payment Rates To Community Health Centers, 2023): Managed Care
- Georgia's ACA enrollment plunges, raising concerns for rural hospitals
- Fewer Oregonians are enrolling in marketplace plans because of federal uncertainty
More Health/Employee Benefits NewsLife Insurance News
- Prudential extends Japan sales ban another 6 months at a total $1B loss
- AM Best Affirms Credit Ratings of The Wawanesa Mutual Insurance Company and Wawanesa Life Insurance Company
- Life insurance for gig economy power earners: what advisors need to know
- Allianz Life Adds New Accumulation-Focused Fixed Index Annuities
- Milliman Launches Healthcare Inflation ETFs (MHIG & MHIP) to Hedge the Rising Cost of U.S. Healthcare
More Life Insurance News