Will Medicare pay for Biogen's aduhelm?

U.S. Medicare program plans to cover Biogen's Aduhelm, with some conditions The U.S. government's Medicare program on Tuesday said it plans to cover Alzheimer's treatments including Biogen Inc's Aduhelm, with some conditions. The agency said that it plans to provide coverage for the drug only if they are enrolled in qualifying clinical trials.

How much does Biogen cost for Medicare?

Faced with skepticism over its medication, Biogen recently slashed the price to $28,200, but Medicare enrollees were already on the hook for the $170.10 premium. Health and Human Services Secretary Xavier Becerra has directed Medicare to reassess the premium increase.

Why did Biogen stock fall more than 6% Tuesday?

Biogen Inc. shares fell more than 6% in the extended session Tuesday after the Centers for Medicare and Medicaid Services, which oversees the Medicare program, said it plans to cover the biotech's controversial Alzheimer's drug Aduhelm and future others like it only in certain instances.

Could the Medicare agency change its stance on the plan?

The Medicare agency could alter its plan before it is finalized in April, but it is unclear what new evidence or facts would cause it to soften its stance.

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Frequently Asked Questions

Will Medicare pay for Biogen's aduhelm?

U.S. Medicare program plans to cover Biogen's Aduhelm, with some conditions The U.S. government's Medicare program on Tuesday said it plans to cover Alzheimer's treatments including Biogen Inc's Aduhelm, with some conditions. The agency said that it plans to provide coverage for the drug only if they are enrolled in qualifying clinical trials.
How much does Biogen cost for Medicare?

Faced with skepticism over its medication, Biogen recently slashed the price to $28,200, but Medicare enrollees were already on the hook for the $170.10 premium. Health and Human Services Secretary Xavier Becerra has directed Medicare to reassess the premium increase.
Why did Biogen stock fall more than 6% Tuesday?

Biogen Inc. shares fell more than 6% in the extended session Tuesday after the Centers for Medicare and Medicaid Services, which oversees the Medicare program, said it plans to cover the biotech's controversial Alzheimer's drug Aduhelm and future others like it only in certain instances.
Could the Medicare agency change its stance on the plan?

The Medicare agency could alter its plan before it is finalized in April, but it is unclear what new evidence or facts would cause it to soften its stance.