Insurance Companies to Cover at Home COVID Tests – 8 Key Questions Answered
At home COVID tests just became more accessible and affordable. On Jan 10th the Biden Administration released a directive that health insurers and group health plans cover the cost of FDA-authorized or approved over the counter at-home COVID-19 tests purchased on or after Jan 15th. The goal is to remove financial barriers and expand access to COVID-19 testing for million of people. As with any new initiatives or directives, information evolves quickly and often creates questions and confusion. Here are some of the key questions and answers for employers and employees: Who is eligible?Anyone with private, employer sponsored, or student health commercial insurance is eligible for reimbursement. What is covered?Up to eight (8) OTC COVID-19 diagnostic antigen rapid home tests per 30-day period for each person covered under your plan. Each test is counted separately so a kit that includes two tests you are covered for up to four...
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