Participants should refrain from using their account-based plans from paying for OTC tests upfront and then seeking reimbursement from their health plan.
To ring in the New Year, President Biden announced a new rule requiring group health plans to cover over-the-counter (OTC) COVID-19 tests with no cost-share to plan participants. This rule, implemented by additional guidance by the Department of Labor (DOL), significantly expanded the initial mandate to cover COVID-19 testing with no cost-sharing under the Families First Coronavirus Response Act (FFCRA).
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
© 2024 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.
