COVID-19 Insurance Update

On June 11, 2020, Gov. Edwards signed SB 426 into law. The law requires health plans delivered in the state or issued for delivery in the state to cover COVID-19 diagnostic tests, antibody tests and antiviral drugs when ordered by a physician for the purpose of making clinical decisions or treating a patient suspected of having COVID-19. This coverage must not be subject to annual deductibles, coinsurance, copayments, or any other out-of-pocket or cost-sharing expense provisions until after December 31, 2021.

Employers with health plans regulated by the state should be aware of this new statute.

SB 426 »