The premiums come as deferrals in elective procedures and nonemergent and routine care have lowered the health plan’s medical claim costs.
The premium credits will go to fully insured employer groups and Medicare supplement members.
In addition to the premium credits, Harvard Pilgrim is providing $3 million to independent primary care physicians and $3 million to community health systems, and is waiving all primary care and specialty care copays for Medicare Advantage members through 2020.
Read more here.
More articles on payers:
Physician survey: High deductibles ‘an idea that turned out to be bad’
Highmark to grow to 6M members through new deal
UnitedHealthcare CEO responds to lawmaker’s physician network questions: 3 takeaways
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
