Biden Mandates Free Home COVID Tests (paid by insurers & taxpayers)

January 11, 2022 9:11am

The Biden Administration has mandated that private health insurers pay 100% of the cost of up to eight home COVID tests per person per month. The stated but flawed reason for this is to lower the costs of COVID testing.

The federal government will also give away 500 million at-home COVID tests through the mail. Interestingly, however, Medicare will not be providing at-home tests at no cost to its enrollees, but Medicaid will.

These idiotic policies will certainly result in a shortage of at-home tests as people gobble up their allotment of "free" tests whether they need them or not. And that shortage will result in higher black market resale prices for people who need them, which won't be paid by insurers or the government. In other words, Biden is forcing insurance companies and taxpayers to pay for inventory that will be sold for profits by the illicit resellers who fleece the needy.

Why do Democrats always fail to understand basic economic principles? Their feel-good policies ALWAYS make things worse!

More details about Biden's plan are at www.washingtonpost.com/politics/home-covid-tests-to-be-covered-by-insurers-starting-saturday/2022/01/10/0c9df4c4-7250-11ec-a26d-1c21c16b1c93_story.html