Reps. Gonzalez and Spanberger Introduce Bill to Financially Protect COVID-19 Patients
"Monoclonal antibodies are the only COVID-19 therapy that have consistently proven they can save lives and reduce the strain on our hospitals," Gonzalez said. "When seeking access to these lifesaving drugs, the last thing a patient should worry about is how they will pay for them. By guaranteeing coverage and eliminating cost-sharing, my bill ensures monoclonal antibodies are affordable and accessible to every American who needs them."
"I've heard directly from Central Virginians concerned about the potential for high financial costs associated with COVID-19 antibody therapies, which are very expensive and require specialized professionals to administer them. To protect consumers on private plans from these high costs, our legislation makes clear that private plans must cover antibody therapies and infusions with no cost-sharing - just as they would cover COVID-19 testing," said Spanberger. "This bipartisan effort responds to the urgency of our current crisis, and I'd like to thank
"
"Until a sufficient proportion of the population is vaccinated to achieve herd immunity, monoclonal antibodies for COVID-positive patients provide hope in reducing hospitalizations among high-risk patients and saving lives. Ensuring adequate insurance coverage will be critical to accessing these life-saving therapies," said
"Fighting this deadly disease requires many avenues from testing to prevention to treatment," said
Authorized by the
The Protecting Patient Access to Lifesaving COVID-19 Drugs Act ensures no COVID-19 patient faces steep, out-of-pocket costs as they battle the virus. In addition, the bill requires insurers to reimburse any provider an amount that equals the negotiated rate or, if the plan or issuer does not have a negotiated rate with the provider, the cash price posted on the providers website.
Read the bill text here: https://anthonygonzalez.house.gov/UploadedFiles/Antibody_Bill_Final.pdf


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