Medicare copays for new Alzheimer's drug could reach $11,500

The FDA approved Biogen’s Aducanumab after its own independent recommended that it be rejected.WASHINGTON -- A new $56,000-a-year Alzheimer’s drug would raise Medicare premiums broadly, and some patients who are prescribed the medication could face copayments of about $11,500 annually, according to a research report published Wednesday.

The chairman of the Senate Finance Committee, Democratic Sen. Ron Wyden of Oregon, said the list price for the Alzheimer's drug was “unconscionable.” Although Presidenthas called for granting Medicare negotiating authority, prospects for the bill are uncertain. Medicare has not made a formal determination on covering Aduhelm, but cost traditionally does not enter into such considerations. Drugmaker Biogen has said it priced Aduhelm responsibly.

Beyond monthly premiums, there would also be impacts on out-of-pocket costs. Many patients taking the medication, including those signed up in Medicare Advantage plans from private insurers, could face thousands of dollars in copayments,. The maximum could reach about $11,500, researchers estimated. Biogen, which developed the Alzheimer's drug with Japan’s Eisai Co., said earlier this week that it expects a gradual uptake and not a sharp “hockey-stick” spike.

F*cking insane

that is absolutely outrageous. the govt should regulate these prices but it's understandable that they won't bite the hand that feeds them.

Greed

Another fake cure to get rich

sweet! no money left over. starvation is always an option.

💆🏿‍♀️both of 'em

lmao...yeah okay. They don't even care we know they're all crooks.

There is no reason on earth it should be that expensive other than greed.

Go broke and live longer or die slowly

Democrats are going to bankrupt us all.

Can’t even cure

7 ways to increase your blood Oxygen to avoid any complications Lack of oxygen weakens every bodily system and is the main cause of disease.

Fix wealthcare system. Also probably could get meds cheaper in canada and mexico.

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