Typically, high-deductible health plans don’t pay for medical expenses until a deductible has been met. However, the notice allows an individual to receive coverage for COVID-19 tests regardless of deductible without jeopardizing the health plan’s eligibility as a high-deductible health plan.
The notice also means a person with a high-deductible health plan that covers cost-sharing for COVID-19 tests can continue contributing to a health savings account.
More articles on payers:
BCBS of Texas to reimburse out-of-network ER claims, pay $10M fine
BCBS of North Carolina wins $9.4B contract to manage state health plan
BCBS of North Carolina’s net income tumbles $193M on ‘record-high’ expenses
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
