The majority of claims on covid-19 continue to include only lost wages or compensation costs, with 73% of claims without associated medical costs, although the average claim cost for covid-19 claims has decreased by 43% since January, according to a report issued Tuesday by San Diego-based Mitchell International Inc., part of Mitchell | Genex | Coventry.
Using aggregated data on COVID-19 claims, in a follow-up to a similar report issued in January, $ 1,380 is the average reimbursement cost for COVID-19 claims and $ 7,766 is the average medical cost for COVID-19, of which only 27% of injuries have a medical component.
The average replacement cost for a COVID-19 claim was $ 2,400 in 2020, with the new figures almost half of that. At the same time, the average medical costs associated with COVID-1
In total, 49% of injuries come from healthcare-the highest proportion but a decrease from 52% reported for January to December 2020 and 66% reported from January to June 2020, at the beginning of the pandemic.