PROVIDENCE, RI (WPRI) – Rhode Island’s largest well being insurer is decreasing the quantity it covers when members contract sickness attributable to the novel coronavirus.
In an e-mail this week, Blue Cross & Blue Defend of Rhode Island knowledgeable members that free therapy for COVID-19 will finish on March 31. visits. “
The free protection coverage was first introduced on April 3, and on the time, Blue Cross mentioned it will keep in place “in the course of the pandemic” so long as members have been utilizing suppliers and community services.
Blue Cross spokeswoman Gail Carvelli confirmed the coverage change on Wednesday, whereas insisting that the insurer’s general COVID-19 therapy protection “stays the identical and won’t change.”
“What’s going to change from April 1 is that the BCBSRI will now not forgo price sharing / copays and revert to the unique designs of the plans,” Carvelli informed Goal 12 in an e-mail. This implies sufferers may owe cash for prices like deductibles in the event that they contract the virus and turn into sick within the subsequent month.
“Testing (together with a go to to the workplace which leads to testing) and vaccination proceed to be lined with out price sharing,” Carvelli added.
When requested why Blue Cross determined to reduce the generosity of its COVID-19 protection, Carvelli mentioned it was “based mostly on the growing availability of vaccines.”
The funds of the non-profit insurer seem wholesome.
Blue Cross reported web revenue of $ 42 million for 2020, up from $ 69 million in 2019, in response to its annual monetary disclosure to state regulators. Income for the 12 months was roughly flat at $ 1.7 billion from 2019. Hospital and doctor spending fell 2% to $ 1.4 billion.
Blue Cross has modified path in latest months. Kim Keck stepped down as chairman and CEO of the insurer on the finish of 2020 to take the identical place on the Nationwide Blue Cross Blue Defend Affiliation.
The corporate has but to call Keck’s successor. Michele Lederberg, who had been Blue Cross’s common counsel, is performing CEO.
Ted nesi ([email protected]) is a Goal 12 investigative reporter and 12 Information coverage and enterprise editor. He co-hosts the Newsmakers and writes Nesi’s Notes on Saturdays. Join with him on Twitter, Fb, LinkedIn and Instagram
Alexandra Leslie contributed to this report.