What is the Thyrogen reimbursement rate for Medicare?
For 2009 the Medicare allowable reimbursement rate for Thyrogen in the physician office setting is calculated as 106% of the Average Sales Price (ASP) and the Medicare allowable reimbursement rate for Thyrogen in the hospital outpatient setting is calculated as 104% of the Average Sales Price (ASP). Medicare will reimburse 80% of the allowable amount. The remaining 20% is the responsibility of the patient or the patient’s supplemental or secondary plan. The allowable amount is updated quarterly the Centers for Medicare and Medicaid Services (CMS) based on data reported by drug manufacturers.