Cigna health insurance giant has declared that it won’t give coverage for brand name EpiPen anymore. This Mylan epinephrine autoinjector is a famous life-saving drug to battle allergic reactions and its two-pack charges $607. Recently, CVS has inaugurated a cheaper and generic version of EpiPen known as AdrenaClick which delivers the similar drug and the same dosage and costs merely $109 for a two-pack. Cigna health insurance will merely cover AdrenaClick from now on.
Latinos Health had previously reported that EpiPens and AdrenaClick might not be therapeutically equivalent to each other. Thus, not all states permit sufferers to make the switch between the two brands.
Cigna health insurance spokeswoman Karen Eldred insists that the latest epinephrine auto-injector means substantial cost savings for sufferers who require it to treat life-threatening allergies. CVS’s AdrenaClick is now available in the pharmacies and drug stores.
The NBC News reported that the EpiPen price hike is at the epicenter of the increasing public outrage. Mylan had been raising EpiPen prices at a rate of more than 25% every year. Since it is utilized as emergency allergic reaction intervention, sufferers are compelled to cough up whatever the pharmaceutical company charges them. Previously, it was reported that the actual cost for each EpiPen is just over $30.
Mylan tried to do some damage control by launching a generic version of its own product at half the price, providing $300 discount coupons to its consumers and provide patient access programs. Yet, CVS drug store chain inaugurated AdrenaClick which costs one-third of the cheaper Mylan product and achieved the round.
Peter Maybarduk, director of the Access to Medicines group for Public Citizen, stated, “CVS and Cigna are searching through the aggressive marketing tactics (of Mylan) and asking why it is worth it to pay twice for the same product.” Present-elect Donald Trump also claimed that the government will now negotiate with the pharmaceutical agencies to make them cut the drug costs.
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