New York Gov. Andrew Cuomo said April 2 that consumers and businesses won't have to pay their health insurance premiums if they're experiencing financial hardship because of COVID-19.
Payer
Humana is expediting its claim review processes and suspending more prior authorization requirements amid the COVID-19 pandemic.
Federal actions alone can't fill a growing revenue gap resulting from reduced private payments for suspended elective care, Richard Pollack, president and CEO of the American Hospital Association, said in an April 1 letter to insurers. He said commercial insurers…
Here are 23 insurers waiving cost-sharing for treatment related to COVID-19 as of April 9, 8:21 a.m. CDT:
The following payer executives changed their positions in March.
Blue Cross and Blue Shield of North Carolina named Tunde Sotunde, MD, president and CEO effective June 1.
Humana and Cigna joined Aetna in waiving cost-sharing for treatment related to COVID-19, the health insurers said March 30.
Blue Cross Blue Shield of North Carolina said it will cover two drugs currently being investigated as possible treatments for COVID-19 patients: hydroxychloroquine and chloroquine, according to The Charlotte Observer.
UnitedHealth Group plans to launch a self-administered COVID-19 test in an effort to reduce risk to healthcare workers who are running short on personal protective equipment, according to The Wall Street Journal.
UnitedHealth Group plans to invest an initial $50 million to fight the COVID-19 pandemic, the health insurance giant said March 26.
