In a Statement, Vice President Joe Biden Announced That Insurance Companies Must Pay for At-Home Covid Testing.
Of the wake of an increase in Omicron cases across the country and around the world, President Joe Biden stated on Tuesday, Jan. 4, that insurance companies will begin to reimburse the cost of at-home COVID-19 tests starting the next week.
During his speech, Vice President Joe Biden stated that “next week, our demand that your insurance company cover you for at-home diagnostics takes effect.”
According to a December announcement, the White House will acquire half a billion at-home quick tests this winter, which will be provided for free to all Americans who request them, with the first shipment expected to arrive in January 2022.
According to a White House statement issued at the time, the government plans to establish a website where Americans may go to order at-home testing that will be delivered to their homes – completely free of charge.
“And, lastly, as I recently announced, the federal government will create a website this month where you may request to have tests mailed to your home for free,” Biden said on Jan. 4 in a statement.
According to Spectrum News, the Department of Health and Human Services will be in charge of overseeing the new insurance regulation. The cost of the at-home tests can range from $7 to $15 each test, and health professionals urge “serial testing,” which is the use of many tests to confirm a single result.
Biden went on to say that drugstores and online businesses were replenishing, despite the fact that several of them had indicated in December that they would be restricting the purchase of tests because of the heightened demand.
Earlier this month, Walgreens said it had noticed a rise in demand for speedy OTC COVID-19 testing and that it would be working with its suppliers to ensure that customers have access to self-test kits during the holiday season.
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Following the overwhelming demand for at-home rapid testing products in our stores and digital properties, we implemented a four-item purchase limit on at-home COVID-19 testing products across all of our stores and digital properties in an effort to improve inventory while continuing to collaborate with our supplier partners to best meet customer demands, according to a statement released at the time, as previously reported by GOBankingRates. Walgreens also stated that there may be a temporary scarcity of fast over-the-counter testing solutions in some stores.
According to CNN, CVS released a similar warning, stating that tests may be temporarily out of stock at some of its retail locations.
To guarantee that everyone has access to tests, the company set a restriction of six test kits per purchase in order to ensure equitable access to testing both in-store and on the internet.