Sovaldi Hep C Drug Rocks Insurance Companies and Self Funded Employers

Image
Sovaldi, the breakthrough drug that is effective in curing Hep C, also costs approximately $1,000 per pill.  Over a 12 week treatment period, the cost of the drug is $84,000.  Combined with the other drugs in the regimen, a patient could rack up $125,000 in drug costs in a 12 week period.    Alternative treatments for Hep C and Liver Transplants can exceed $250,000.  
Anthem reps reported to me that they are expecting about $164 Million in Sovaldi related expenses in 2014 that did not exist in 2013.    There are approximately 3 Million Americans with Hep C, many of whom do not know they have the disease.  World wide the number could be as high as  300 Million.   Gilead, the manufacturer of Sovaldi purchased Pharmasset Inc who developed Sovaldi in 2011 for $11 Billion.

More:

http://www.sfgate.com/health/article/Cost-of-Gilead-s-hepatitis-C-pill-Sovaldi-spurs-5398315.php

http://www.marketwatch.com/story/sovaldi-ahfs-wsj-ad-asks-gilead-patients-insurers-if-you-think-1000-a-pill-is-ok-stop-reading-this-2014-05-06

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s