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Home Health

New Alzheimer’s drugs raise hopes and a big question: Who’ll pay for them?

LA Daily News by LA Daily News
May 17, 2023 10:00 am EDT
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The Alzheimer’s Association is stepping up public pressure on the Biden administration, hoping to convince the government to pay for a new class of promising but expensive Alzheimer’s drugs.

To date, the advocacy group’s campaign has been intense but low-tech, featuring everything from critical statements in the media to a public rally in front of the White House.

But the long-term results of the dispute, whatever they turn out to be, won’t be so quaint.

About 6.9 million Americans currently have Alzheimer’s, a progressive, deadly disease that’s incredibly expensive to manage, and millions more are expected to be diagnosed as the nation’s population ages up. Many Alzheimer’s patients need years of care as they lose their cognitive abilities, and the three drugs in question, Leqembi, Aduhelm and Donanemab, show signs of slowing that mental decline for a few months to a year – at an annual cost of $25,000 to $30,000.

For families of people affected by Alzheimer’s, federal insurance could be essential for getting the drugs and the window of normal living they might provide. For working-age taxpayers asked to foot the bill, that same insurance could start in the billions and run up for decades.

So far, the Centers for Medicare & Medicaid Services (CMS), the federal agency that sets coverage policies for the biggest federal insurance programs and often influences the private insurance market, has balked. Agency officials note that the three drugs aren’t insurable, for now, because they’ve been granted “accelerated,” not “traditional” approval from the Food and Drug Administration, and because the drugs haven’t yet demonstrated that they are “essential” for patients.

At least one of those conditions could change in early summer. The FDA is slated to issue a decision on granting full, traditional approval to Leqembi as soon as July 6. Many observers suggest that ruling eventually could pave the way for getting all three drugs…

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LA Daily News

LA Daily News

The Los Angeles Daily News is the second-largest-circulating paid daily newspaper of Los Angeles, California. It is the flagship of the Southern California News Group, a branch of Colorado-based Digital First Media.

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