A screen displays the logo fro Cigna Corp. on the floor at the New York Stock Exchange in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid
- Health insurer Cigna Corp said on Thursday it had introduced a plan to fully cover costs for expensive gene therapies, eliminating any out-of-pocket payments for customers. Gene therapies, which in general aim to treat diseases by manipulating genes at a cellular level, are among the most expensive treatments in the world.
While there are only two approved gene therapies in the United States, drugmakers have been pouring in millions of dollars into the development of these treatments that could offer a potential one-time cure to rare and life-threatening disorders. The first two gene therapies to be included in Cigna’s program are blindness therapy, Luxturna, and the most expensive drug in the world Novartis’ $2.1 million spinal muscular atrophy treatment, Zolgensma, the insurer said.
MaryKForrest This is incredible news. Way to go Cigna!
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