Rhode Islanders enrolled in health coverage through the Affordable Care Act can now pay their monthly insurance bills at their local CVS Pharmacy.
HealthSource RI and the Woonsocket-based pharmacy chain on Tuesday announced the launch of a new bill payment system – the first of its kind in the country -- to allow customers to pay their monthly insurance premiums with cash, debit or credit cards at any CVS pharmacy. Previously, HealthSource RI customers could only pay online, by mail or at the HealthSourceRI contact center with checks, money orders or electronic transfers.
Governor Gina Raimondo says the new system is aimed at further reducing the state’s uninsured rate by making bill paying easier. Rhode Island’s uninsured rate is about 4 percent -- among the lowest in the country. HealthSource RI says some residents lose coverage because of missed or late payments.
"Here in Rhode Island we are committed to doing everything we can to make sure everyone has access to quality, affordable healthcare,’’ Raimondo said in a statement.
HealthSource RI Director Zachary Sherman said the new bill payment system will “increase the likelihood that our customers stay covered by enabling customers to pay their bills where they want, when they want and with the payment method that's right for them."
Customers’ health insurance bills now include a special barcode that can be scanned at the CVS Pharmacy checkout. Customers also have the option of splitting their monthly bill into smaller, manageable payments.
More than 30,600 individuals were enrolled in HealthSourceRI as of January 31st.