Health Insurers Cite Price-Gouging Fears on Biden Testing Plan

December 2, 2021, 10:03 PM UTC

Health insurers and employers are wary of the costs—and the potential for price-gouging—in President Joe Biden’s plan to require private insurance to cover the full cost of at-home Covid-19 tests.

Kristine Grow, spokeswoman for America’s Health Insurance Plans, said in a statement that the trade group wants to ensure “that price gouging does not spread to OTC [over-the-counter] tests, that consumers are protected from higher premiums, and that clear rules and guidance allow these efforts to be implemented effectively.”

The plan, announced Thursday, is a key piece of Biden’s announcement of actions aimed at protecting the nation against an anticipated ...

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