Cigna and Humana Waive Covid-19 Copay Costs Shares of health insurance giants Cigna and Humana trade flat after both companies announce they are waiving copay and other fees for Covid-19 treatments.
- In addition, when using this skill, please understand that your Protected Health Information is safeguarded by state and federal data privacy laws, including the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”). These laws govern Amazon, Cigna and your employer’s health plan—your data is protected.
- Review the Cigna True Choice Medicare (PPO) H7849-006 a 2021 Medicare Advantage Plan or Medicare Part-C plan by Cigna. This plan includes additional Medicare prescription drug (Part-D) coverage. The Cigna True Choice Medicare (PPO) has a monthly premium of $0 and has an in-network Maximum Out-of-Pocket limit of $7,200 (MOOP).
moon2
Friend
- Location
- California USA
- Your Connection to Diabetes
- T2, dx Feb '11
I had Cigna Secure-Extra Rx for my Part D last year and checked to see if there was a better plan for 2021, being the deadline to switch is Monday the 7th.
As usual, the information on Medicare's compare-plans site shows different numbers from Cigna's. So, I called. This year I had a $22 copay for my Tresiba and Humalog which is better than many to most Part D plans, and no deductible. This year the deductible is $100 and the insulin co-pay is ZERO! Even if/when one enters the donut hole, copay is still zero. Information on Cigna's site is accurate according to going through it with the rep, and can save one an hour on hold which is what I just endured.
I know all these plans are available in different regions and vary by state. I'm in CA. Cigna has 3 plans, the other 2 do have a copay for insulin.
I've never paid zero for insulin and am stoked! The premium is very reasonable as well - 30/month vs the 75 I was paying.
Published April 2, 2020
Follow our Medicare Coronavirus News page for related information on coronavirus (COVID-19) and its impact on Medicare beneficiaries.
The Centers for Medicare & Medicaid Services (CMS) mandated in early March that all testing for COVID-19 be covered in full by Medicare and private Medicare insurance carriers. A COVID-19 vaccine will also be covered if and when one becomes available.
Now, some private insurance carriers are going a step further by eliminating cost-sharing for COVID-19 treatment protocols as well.
Cigna, Humana and Aetna have each taken measures to reduce out-of-pocket spending for their Medicare plan members who undergo treatment for the disease. These out-of-pocket costs can include plan deductibles, coinsurance and copayments.
COVID-19 treatment can potentially include inpatient hospital stays, doctor’s office appointments, inpatient skilled nursing facility stays, home health visits and emergency ambulance transportation.
These services can typically come with costs such as copays and deductibles.
With waived coinsurance and deductibles for COVID-19 treatment, savings can add up
Cigna and Humana both waived COVID-19-related cost-sharing for their Medicare Advantage (Medicare Part C) plans.
Medicare Advantage plans cover the same inpatient and outpatient services and items that are covered by Original Medicare (Medicare Part A and Part B).
While Original Medicare is provided by the federal government, private insurance companies administer Medicare Advantage plans.
Some of the out-of-pocket costs that a beneficiary who has Original Medicare may face if they receive covered COVID-19 treatment include:
- Beneficiaries who have Original Medicare and who receive inpatient hospital treatment for COVID-19 will typically have to pay the 2020 Medicare Part A deductible of $1,408 for each benefit period that they receive inpatient care.
There are also Part A daily coinsurance costs for lengthy hospital stays that last longer than 60 days. - Beneficiaries who have Original Medicare and who receive outpatient care must pay the 2020 Part B deductible of $198 per year before Medicare covers the costs of their outpatient care.
After meeting the Part B deductible, beneficiaries typically pay a 20 percent coinsurance or copay for covered services and items.
Cigna Copay For Therapy
For members of Medicare Advantage plans from Cigna and Humana, however, those costs will be waived for covered COVID-19 treatment.
Cigna Insurance Company Phone
“Our customers with COVID-19 should focus on fighting this virus and preventing its spread,” David M. Cordani, President and CEO of Cigna1
“While our customers focus on regaining their health, we have their backs,” David Cordani, President and CEO of Cigna, said in a statement.
Cigna’s cost-sharing waiver expires May 31, 2020.
“We know we’re uniquely positioned to help our members during this unprecedented health crisis,” said Bruce Broussard, President and CEO of Humana. “It’s why we’re taking this significant action to help ease the burden on seniors and others who are struggling right now.”2
Humana’s waivers includes costs related to COVID-19 treatment by both in-network and out-of-network facilities or physicians.
Humana’s cost sharing waivers currently have no end date, as the company plans to readdress the situation as needed.
Aetna, a CVS Health company, is also dismissing COVID-19-related inpatient cost-sharing for its members.
“The additional steps we’re announcing today are consistent with our commitment to delivering timely and seamless access to care as we navigate the spread of COVID-19,” said Karen S. Lynch, president of Aetna Business Unit. “We are doing everything we can to make sure our members have simple and affordable access to the treatment they need as we face the pandemic together.”3
Cigna Insurance Company Info
Aetna’s cost-sharing waiver for inpatient admissions to any in-network facility for treatment of COVID-19 is currently in effect until June 1, 2020.