This image provided by Biogen on Monday, June 7, 2021 shows a vial and packaging for the drug Aduhelm.(Biogen via AP)
Federal regulators have approved the first new drug for Alzheimer's disease in nearly 20 years, leaving patients waiting to see how insurers will handle the pricey new treatment.
Health care experts expect broad coverage of the drug, which was approved Monday. But what that means for patients will vary widely depending on their insurance plan. In some cases, that could mean coming up with several thousand dollars to pay for what the insurer didn't cover.
And there's no guarantee that every case will be covered.
Here's what you need to know:
WHAT WAS APPROVED?
The Food and Drug Administration said it granted approval to a drug from Biogen based on clinical research results that seemed "reasonably likely" to benefit Alzheimer's patients.
It's the only drug that U.S. regulators have said can likely treat the underlying disease, rather than just manage symptoms. The new drug, which Biogen developed with Japan's Eisai Co., did not reverse mental decline. It slowed it in one study.
The FDA's decision came despite the conclusion of its advisory committee that there wasn't enough evidence that the drug slowed the brain-destroying disease.
WHAT DOES IT DO?
It aims to help clear harmful clumps of a protein called beta-amyloid from the brain. The medication will be marketed as Aduhelm and is to be given as an infusion every four weeks.
WHAT WILL IT COST?
Biogen said the drug would cost approximately $56,000 for a typical year's worth of treatment, and it said the price would not be raised for four years.
HOW WILL INSURERS COVER IT?
They will likely request some documentation first that the patient needs the drug. Many plans will require doctors to submit records and other paperwork justifying the treatment before they agree to cover it.
Insurers also will likely require pre-approval for brain scans needed to determine that the patient is a candidate for treatment, said Lance Grady of Avalere Health consultants.
He noted that some plans also may want to see the results of a scan before they decide to cover the next infusion, which could delay treatment.
IS COVERAGE GUARANTEED?
Medicare is widely expected to cover the treatment. Insurers that offer private or commercial coverage also will pay for care that doctors deem medically necessary.
That may not mean every case, though. If the treatment is proposed for a patient with advanced Alzheimer's, and research shows the drug isn't effective in that population, then the insurer may not pay for it.
"That happens all the time with drugs," said Robert Laszewski, a health care consultant and former insurance executive. "Just because the FDA says its safe doesn't mean it's appropriate for everybody."
WHAT WILL PATIENTS PAY?
That's impossible to say broadly.
It can depend on the person's coverage and their out-of-pocket maximum, which is a plan's limit for how much a patient pays in a year for in-network care before insurance picks up the rest of the bill.
Some patients who are already receiving a lot of care may not wind up with a huge added expense from the drug before they hit that limit.
Patients who have a supplemental plan for their Medicare coverage also may wind up with few out-of-pocket costs for the drug.
Patients with Medicare Advantage coverage, which is run by private insurers, or individual health insurance could pay several thousand dollars before they hit their plan's annual limit, depending on the plan.
"That could be very burdensome for someone, especially if a person is looking at this cost every single year, and they don't have an option to get a better health plan," said Stacie Dusetzina, an associate professor at Vanderbilt University and drug pricing expert. "It can add up."
ARE THE DRUGMAKERS HELPING?
Cambridge, Massachusetts-based Biogen plans to begin shipping millions of doses within two weeks.
The company says it will help patients figure out their options for financial assistance and find providers and care infusion sites. The drugmaker also is offering programs to help reduce the out-of-pocket cost for some patients with commercial coverage.
But people with Medicare and Medicare Advantage coverage cannot get drugmaker discounts like that. Health care researchers say most of the people who will need this drug will have some form of Medicare coverage.
NEW YORK - Some 21 years after it was destroyed in the September 11, 2001 terrorist attacks in the United States that brought down the Twin Towers in New York City, the new St Nicholas Greek Orthodox Church rising in its place is among the most eagerly awaited architectural openings of 2022.
STATEN ISLAND, NY – For yet another year, the community of Holy Trinity-St Nicholas in Staten Island honored couples celebrating 50+ years of marriage with a modest ceremony held at the church immediately following the Divine Liturgy on January 16.
NEW YORK – New research into Greek artifacts looted by the Nazis was highlighted in the New York Times on January 18 as “the topic of the Nazi role in antiquities looting is increasingly drawing attention, in part through the work of scholars who are peeling back the mysteries of what happened to the objects that were excavated or seized eight decades ago.
Have an idea for a story, or know of an event we should cover? We want to hear about it!
The National Herald is the paper of record of the Greek Diaspora community. Through independent journalism, we bring news to generations of Greek-Americans, with stories on the individual, community and international level. Visit and support our 106 year-old sister publication Εθνικός Κήρυξ.
You’re reading 1 of 3 free articles this month. Get unlimited access to The National Herald. or Log In