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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAnthem Inc. is latest major health care insurer to waive out-of-pocket costs for COVID-19 treatment.
The Indianapolis-based company announced Wednesday evening that effective immediately, it is waiving member costs for COVID-19 treatment received through May 31.
Anthem also said it will also provide post-discharge support to Medicare members with complex care needs “who may need additional assistance as they transition back to home” following hospitalization.
The company also will reimburse health care providers at in-network rates or Medicare rates for Anthem health plan members.
“During these challenging times, Anthem stands by our legacy and commitment to living our values and supporting those we serve,” said Anthem President and CEO Gail K. Boudreaux in a written statement. “By applying our approach for innovation, compassion and inclusion, we are focused on the issues needed most in this time of crisis, including affordability and access to care for those dealing with treatment related to COVID-19.”
Other big insurers, including Cigna, Humana and UnitedHealth Group, have already rolled out similar moves. Those actions could save untold costs for thousands of members during the COVID-19 pandemic.
Anthem said its latest action expands upon earlier steps to help members and care providers during the epidemic. The insurer announced previously that it would waive copays, coinsurance and deductibles for the diagnostic test related to COVID-19, as well as for visits associated with COVID-19 testing.
It also relaxed early prescription refill limits for members who wish to receive a 30-day supply of most maintenance medications, and waived any member cost share until June 14 for telehealth visits, including visits for mental health and select therapies.
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