According to the FDA, there are currently more than 50+ cellular and gene therapies available in the market today, with seven to 10 additional treatments predicted for approval within the next year.
Current treatment costs range from $400,000 to $4,250,000 per patient, and these costs are expected to continue rising as additional gene therapy treatments receive market approval.
When coupled with stop-loss coverage, this cost-containment program provides a sustainable strategy that prepares employers to face unexpected, high-dollar gene therapy claims with confidence.