The Biden Administration announced on Monday new details on how Americans are able to get free Covid-19 tests -- or at least receive a reimbursement for them via their private insurance. We've all seen those lines around town for free at-home Covid tests, so this new policy announcement comes at a great time.
Under the new policy, individuals covered by a health insurance plan who purchase an over-the-counter Covid-19 diagnostic test (must be authorized, cleared, or approved by the FDA), will be able to have those test costs covered by their insurance beginning this Saturday.
Insurance companies and health plans will soon be required to cover eight (8) free over-the-counter at-home tests per covered individual per month, according to the White House officials. For example, a family of four (all on the same plan) would be allowed up to 32 of these tests covered by their health plan per month.
The Biden Administration is hoping to incentivize insurers and group health plans to set up programs that will allow Americans to receive over-the-counter PCR and rapid tests directly through preferred pharmacies and other entities with no out-of-pocket costs.
Not sure if your insurance will cover your at-home Covid-tests? That's why we're here -- give us a call and
E&M Global Insurance happy to help you determine exactly what is covered on your plan. We're the number one health insurance agency in Coral Springs and Parkland for a reason!
