Originally Posted by
MAC
I’ve received this recently from a reliable source;
“We currently submit claims and are being paid by these insurance companies under a molecular test CPT code, which gives us the opportunity to be reimbursed on a case by case basis. Using this strategy, we are receiving reimbursement from all the major insurers including Cigna, Aetna, United, BCBS, Humana, Medicare Advantage plans, and many of the 2nd tier insurers. While the process is long and complex, we are pleased that our reimbursement is going to plan. Once we secure coverage in the public sector (Medicare), we will look to engage insurers Cigna and other major commercial insurers for formal inclusion in the policy as well as negotiate being a contracted provider if we feel it’s in our best interest moving forward”
Nice to see the strategic sales team, recently hired, doing as they do.
Cigna, Aetna, United, BCBS and Humana together provide insurance cover for 215M Americans, another 40M or so are covered by Medicare Advantage plans.
All the doors are now open for Pacific Edge for the sales team to ramp up into.
Would be satisfying to see a step up in revenues, and with quite a helpful US exchange rate too :)