Anavex Life Sciences Corp (AVXL)

[williamssc]

The thing about Aduhelm is that it's an IV not a oral delivered pharmacy drug. IV's require clinical infusion which are expensive and paid under Part B not Part D which is what pharmacy drugs are covered under. Part D pharmaceuticals think (CVS) are covered under a separate plan that participants can buy to help cover their drug costs. Part B covers 80% of costs and the patient pays 20% of costs. So with Aduhelm the full cost is charged to medicare under Part B but with an oral drug the cost is on the patient or a separate Part D insurance plan if they buy one and I think most do at some point.

Medicare is quite complicated. I bought a Medicare Advantage plan which covers meds.