Does medicare cover beovu?

Have you ever found yourself questioning your existence in this vast universe, wondering if you are covered by Medicare for that new medication prescribed to treat your chronic eye disease? Fear not my friend, because today we’ll be delving into one such medication – Beovu and figuring out whether it is something Medicare will cover.

What Is Beovu?

Now before diving headfirst into the world of insurance coverage, let’s first understand what exactly is a Beovu. Developed by pharmaceutical company Novartis, it is an intravitreal injection approved by the FDA for the treatment of Wet Age-Related Macular Degeneration (AMD). It works wonders in reducing leakage from abnormal blood vessels present at the back of our retina – which cause age-related vision loss or blindness.

Cost of Beovu

So now that we have got a brief understanding of what this miracle drug does let’s talk about everyone’s second favorite topic- Money! The cost s associated with treatments can get quite high and leave us all reeling over how much our bank balance might suffer. According to sources, as per 2021 records, ⚠️the average price per dose for Beovu is about $1850.

But don’t tape up those glasses yet my friend because most insurances should hopefully have you covered…fingers crossed!

Does Your Insurance Plan Cover Beovu?

Here comes the million-dollar question – does your insurance plan cover Beovu or Eyelea, another popular AMD prescription? Let’s take a deep dive into some common insurance plans available to people residing in The United States and see where they stand on this issue-

Original Medicare

This government-backed health insurance program comprises Part A (hospitalization) and Part B
(Medical Coverage.) So when it comes to injectable medications, they fall under Medicare Part B coverage. In the case of Beovu, it is covered only in situations where doctors recommend other treatments without success, after which your doctor may file for approval to use Beovu.

Medicare Advantage (Medicare Part C)

These are health insurance plans provided by private insurers approved by Medicare – but offer the same benefits as Original Medicare plus some additional perks. Now when it comes to covering prescription drugs, each insurer has its own set of medications that can be prescribed called a formulary list – which denote what drugs will or won’t be covered in their policies.

Hence our little friend Beovu might be listed on one policy’s formulary while others might give him a cold shoulder and refuse any sort of payment towards his expenses…sigh!

Conclusion

So there you have it folks- The bitter truth lies in knowing WHERE you stand with your Insurance plan instead of counting on them blindly to cover every aspect if drug treatment.

But hey at least knowing such things puts us ahead in the game-right? And don’t worry about costs too much because we still have alternatives like Eyelea for now!

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