Humana Inc. said it would waive cost-sharing on primary care,
behavioral health and telehealth visits by its Medicare members for the
rest of the year.
The insurer, which said it believes it is the first to make such a
move, said the financial impact is “meaningful” and will be part of its
effort to disburse gains that come as a result of the widespread
cancellation of elective procedures and other health care amid the
coronavirus pandemic.
Insurers are expected to see huge savings from the drop-off, which is putting a financial squeeze on hospitals and doctors.
Humana said its members typically pay co-pays ranging from $0 to $35,
while a small share pay 20% coinsurance. The waived cost-sharing means
the visits will also not count against the members’ deductibles.
However, the shift only applies to in-network visits.
https://www.marketscreener.com/HUMANA-INC-13000/news/Humana-Temporarily-Waives-Member-Costs-for-Primary-Care-Behavioral-Health-and-Telehealth-Visit-30542326/
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