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Cologuard® Receives Coverage by Several Commercia

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Post# of 129
Posted On: 04/13/2015 7:00:19 PM
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Posted By: Mauibound
Cologuard® Receives Coverage by Several Commercial Health Plans in Q1 2015

MADISON, Wis.--(BUSINESS WIRE)-- Exact Sciences Corp. (NASDAQ: EXAS) today announced expanded patient access to Cologuard as a result of several insurers now covering the test. Cologuard is now covered for more than 90 million Medicare and commercial lives across the U.S.

Since the start of 2015, several insurers began covering Cologuard as a noninvasive colon cancer screening test. In addition to several smaller regional providers, insurance plans covering the test now include:

Anthem Blue Cross and Blue Shield, a leading national health plan with more than 37 million members across 14 states,

Tufts Health Plan, with more than 1 million members across Massachusetts and Rhode Island and ranked the number one health plan for quality in the country for its Commercial plans and its Medicaid plans*,

CareFirst BlueCross BlueShield PPO (CareFirst), with 2.3 million eligible members across Maryland, District of Columbia and Northern Virginia,

Excellus BCBS WNY, with more than 1.4 million members across Western New York and

Dean Health Plan, insuring more than 272,037 members across Central Wisconsin.

"As adoption of Cologuard grows rapidly among leading insurance providers, Exact Sciences is encouraged that the medical community continues to believe in the value of offering this additional noninvasive screening test to average risk patients," said Kevin Conroy, Chairman and CEO of Exact Sciences. "With expanded patient access to the test, we are excited about the opportunity to reach millions of people and continue to support awareness and options for colorectal cancer screening nationwide."

Cologuard offers people 50 years and older who are at average risk for colorectal cancer an easy-to-use screening test that they can do in the privacy of their own home. Unlike many other screening options, Cologuard does not require medication, dietary restrictions or bowel preparation prior to taking the test. It is the first noninvasive screening test for colorectal cancer that analyzes both sDNA and blood biomarkers to detect cancer and precancer. Cologuard is available by prescription only.


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