Our investigation into Clover Health has spanned almost 4 months and has included more than a dozen interviews with former employees, competitors, and industry experts, dozens of calls to doctor’s offices, and a review of thousands of pages of government reports, insurance filings, regulatory filings, and company marketing materials.Today, we reveal how Clover Health and its Wall Street celebrity promoter, Chamath Palihapitiya, misled investors about critical aspects of Clover’s business in the run-up to the company’s SPAC go-public transaction last month.
Customers in participating regions are encouraged to call their local store directly to book an appointment for screening. Tests are priced at $40 each, and will be processed immediately in the pharmacy, with a record of the test and results provided to the customer after their visit.
Additionally, asymptomatic testing complements current public health testing, which often requires symptoms or close contact to test. Although less sensitive than PCR testing, the antigen screening test can enhance currently available public testing programs, providing faster and often more convenient options for customers. Rapid antigen screening can detect an active COVID-19 infection by detecting the presence of antigens – or specific proteins on a virus’s surface. “As Ontario and Alberta begin their recovery from this third wave of COVID-19, rapid screening options can provide customers with an extra level of confidence.” “To get through this pandemic, we all need to follow public health guidelines, get vaccinated, and continue testing and screening in order to stop the spread of COVID-19,” said Ashesh Desai, Executive Vice President, Pharmacy and Healthcare, Shoppers Drug Mart.
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