Are Insurance Companies Charging For Covid Testing. After a huge increase in profits last year, the giant insurance companies want to gouge even more from victims of the pandemic. 15—here’s how to get reimbursed.
At the drugstore, a rapid covid test usually costs less than $20. Thanks to the cares act, health insurance companies are federally mandated to cover costs of covid pcr testing, but it must count towards medical purposes. Food and drug administration (fda) will be able to have those test costs covered by their plan or insurance.