Anthem is waiving out-of-pocket costs for its members' coronavirus-related treatments - Business Insider

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Anthem's move is the latest by incumbents to drop coronavirus-related out-of-pocket costs to ensure members have access to lower-priced medical care

of the novel coronavirus throughout the US, members insured by these incumbents could benefit from lower-cost medical care that requires no out-of-pocket spending.

Although incumbent insurers may be missing out on out-of-pocket generated revenue amid the pandemic, ensuring members have access to zero-cost healthcare services could eliminate the need for more expensive emergency care down the road: For example, unnecessary ER visits cost the US healthcare system The sheer number of members incumbent insurers cover could make rapidly addressing their needs difficult amid the pandemic.

 

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