WORD TO THE WISE>> During this coronavirus crisis, keep an eye on every move of my old industry: health insurers. Behind the PR spin, they will be doing everything they can to deny care & maintain profits, while making it look like they’re heroes. Here’s what to look for: (1/10)

The president said that insurers “have agreed to waive all copayments for coronavirus treatments.” Don’t count on that. Insurers’ biggest trade group (“AHIP”) said soon after Trump’s speech that what insurers would waive would be cost-sharing for testing. Not treatment. (2/10)

You can be sure Trump’s comment sent shockwaves through the industry. For many, treatment will be way more expensive than testing. If insurers let their enrollees (YOU) off the hook for out-of-pocket expenses related to treatment, their shareholders would be apoplectic. (3/10)