UnitedHealth Group has pledged over $1.5bn to offer additional support to its customers in the wake of Covid-19 pandemic.
As part of the new move, all employers and individual members enrolled in its UnitedHealthcare fully insured health plans will receive a 5% to 20% premium credit on their June billing statements.
The company is also waiving all cost-sharing for all specialists and primary care physician at least through the end of September.
It also aims to accelerate the funds to state partners and critical care providers to serve more people.
UnitedHealth noted that the disruption to traditional patterns of care and related downstream economic disruption has presented well-documented challenges to people, businesses and institutions across national and global health care system.
Last month, UnitedHealth announced an initial investment of $50m to fight the pandemic.
The company’s Covid-19 actions include waiving of all cost-sharing for Covid-19 diagnosis and treatment, developing a non-invasive, self-administered Covid-19 test and the launch of free nationwide emotional support line to manage stress and anxiety.
UnitedHealth Group CEO David Wichmann said: “Our mission and core values of integrity, compassion, relationships, innovation and performance guide our response to the challenges offered by this complex situation.
“Our actions today are a continuation of our commitment to act swiftly to support the people, and customers we are privileged to serve and those working courageously on the front line of this pandemic.”