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CVS waives co-pays for coronavirus testing, telemedicine visits

  • Washington State and California have already mandated no cost-sharing on coronavirus testing and doctor visits, and CVS is going a step further, offering this nationwide for Aetna members, as well as zero co-pay for telemedicine visits for any reason.
  • It's probably a pretty good business decision, particularly in an election year, and also not a bad way to advertise the telemedicine business.
  • There will no doubt be pressure on other insurers to do the same. Cigna, for example, announced its copay waiver for its members yesterday.
  • Related names: Anthem (NYSE:ANTM), Cigna (NYSE:CI), eHealth (NASDAQ:EHTH), Centene (NYSE:CNC), UnitedHealth (NYSE:UNH)

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