Sen. Scott Jensen, R-Minn., a physician in Minnesota posted on his Facebook page on April 15, "Hospital administrators might well want to see COVID-19 attached to a discharge summary or a death certificate. Why? Because if it's a straightforward, garden-variety pneumonia that a person is admitted to the hospital for – if they're Medicare – typically, the diagnosis-related group lump sum payment would be $5,000. But if it's COVID-19 pneumonia, then it's $13,000, and if that COVID-19 pneumonia patient ends up on a ventilator, it goes up to $39,000."
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PolitiFact reporter Tom Kertscher wrote, "The dollar amounts Jensen cited are roughly what we found in an analysis published April 7 by the Kaiser Family Foundation, a leading source of health information." [1]
1. https://www.usatoday.com/story/news/factcheck/2020/04/24/fac...
The only definitive evidence that exist because of actual test has a death rate at nearly 10% which we also know isn’t incorrect.
Regardless 1% is high, as well as the hospitalization rate seems to be quite high and for some reason a lot of people are only focused on death when citing these statistics.