According to AHIP 88% of individual and fully insured group plans waived COVID-19 treatment costs during some point in the pandemic. (Photo: Shutterstock)
Many of cost-sharing waivers issued by health insurers have already expired or will lapse this month. But with the COVID pandemic still in full swing, what will that mean for Americans in need of health care?
As a result of many delaying non-essential medical treatments, health insurers are now seeing a rise in profits. But due the Affordable Care Act's (ACA) Medical Loss Ratio (MLR) rule, which dictates how much premium income must be spent on medical care, these companies are looking to return some of that capital back to consumers in the form of cost-sharing waivers.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Rhys Dipshan
CT-born, New York-based legal tech reporter covering everything from in-house technology disruption to privacy trends, blockchain, AI, cybersecurity, and ghosts-in-the-machine. Continually waiting for law to catch up with tech. (It's like waiting for Godot, but without the clowns)
