Utah is among four states that will share in up to $35 million in financial relief to Regence commercial health plan customers through a premium credit program instituted because of financial pressure caused by the coronavirus pandemic. Select fully insured group and individual Regence health plan customers across Idaho, Oregon, Utah and Washington will receive a credit for a portion of their healthcare premium on upcoming bills.
“Our communities have faced unprecedented stress and widespread economic hardship these past few months because of COVID-19,” said Jared Short, president and chief operating officer of Regence. “During this time, some of our members have paid for coverage for care that they were not able to fully access. While much uncertainty remains, we believe offering relief for our members, customers and communities is the right thing to do, and we appreciate the support of our regulators in being able to provide it.”
The premium credits are part of a number of steps the health plan has taken to support members, employers, providers, business partners and local communities through the COVID-19 public health crisis. The company is providing no-cost COVID-19 treatment to fully insured members through December along with no-cost testing. It is also expanding virtual care services, including primary care and behavioral health, to ensure safe healthcare access.