As of January 15, 2022, U.S. insurance companies and health plans are required to cover eight free over-the-counter, at-home COVID-19 tests per covered member per month.
As with so many other aspects of this pandemic, payers were forced to pivot and respond quickly. Now they must provide government-mandated coverage and track and forecast their finances to manage their businesses prudently.
In a recent poll of health plans, 64% of respondents said “Tracking of at-home COVID-19 tests” was their top data priority.
“Almost immediately after the announcement from HHS, our clients were contacting us, asking, ‘We’re going to need to track this new benefit; can Whyzen™ Analytics help us?’” said Mary Henderson, Executive Vice President for Sales and Product Innovation at Blue Health Intelligence® (BHI®). “And our answer was, of course it can.”
“The adaptability of the Whyzen Analytics platform – and our team’s ability to quickly respond to our client’s needs – makes this possible. Today, we’re doing it for COVID-19 at-home tests, but we’ve been updating and adapting Whyzen Analytics to meet our clients’ needs since the day we launched”, said Henderson.
Since the arrival of COVID-19 in early 2020, the Whyzen Analytics team has developed new trackers, maps, and reporting solutions that have helped our health plan clients understand and forecast their cost and utilization during the pandemic.
Two years later, the Whyzen Analytics team has developed a solution that allows health plans to stay on top of at-home test claims volume. They can then parse this data with other dimensions such as age, gender, number of comorbidities, etc. to better understand who is using the benefit and what the cost implications are in the coming months. For the first release of this capability, BHI is releasing a modeler for at-home test kits, shown below, so that employers or payers can model out what their liability will be under different usage and price assumptions.
In 2020, Whyzen Analytics was honored for excellence in COVID-19 reporting and tracking by the UCSF Health Hub. The UCSF Digital Health Awards identify “the latest in-market technologies and solutions that have been proven to dramatically transform healthcare and radically improve patient outcomes.” Whyzen Analytics was recognized for its speed to market, ease of use, and exceptional tracking functionality at the account level.
For more information about Whyzen Analytics and its ability to track COVID-19 at-home tests, contact Kelvin Evans at BHI.