UnitedHealth Group will provide over $1.5 billion of additional support to its customers in response to COVID-19.
“The coronavirus pandemic has placed a financial strain on thousands of people,” said Mississippi Insurance Commissioner Mike Chaney. “The virus has disrupted how people are receiving care and negatively impacted our economy. I commend UnitedHealthcare for their response to relieve some of the burden consumers are facing.”
UnitedHealthcare has laid out the following measures to provide assistance:
- For people served by UnitedHealthcare commercial fully insured benefits, credits ranging from 5% to 20% depending upon the specific plan will be applied to premium billings received by customers in June.
- For people served by UnitedHealthcare under Medicare Advantage plans, all specialist and primary care physician cost sharing will be waived at least through the end of September.
- For people served by UnitedHealthcare AARP Medicare Supplement policies, we will provide both new and renewal premium price stability and support.
- For people served by UnitedHealthcare Medicaid plans, the company is accelerating funds to state partners and critical care providers to serve more people and expanding its Housing+Health and homeless support programs, providing shelf stable food and baby formula.
Read more about UnitedHealth Groups assistance plan here.