Will Insurance Pay for Provenge?
Will Insurance Pay for Provenge? Provenge, also known as the “prostate cancer vaccine,” was met with a great deal of excitement when it was first introduced to the world of prostate cancer. It has a hefty price tag, however, and there was controversy as to whether Medicare (or private insurance companies) should pay for it. The FDA approved of its use, which cleared a major hurdle toward more widespread use, but with its high price, most men would not be able to afford the drug if it were not covered by insurance of some kind. So, will insurance pay for Provenge?Answer: Medicare made a final decision to pay for Provenge on June 30, 2011. The decision by Medicare to pay for Provenge is a big one because typically, most private insurance companies follow
