Anonymous
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Anonymous
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I love how you seem to think you know everything about the insurance industry. Well I can tell you that my father was a C level exec for a major health insurance co. and before that he ran a major sector of their business that covered numberous federal agencies. So believe me he knows a hell of a lot more about insurance and medicare and what they would be willing to cover and he has said after doing research on SVNT that based on the results of the treatment and the sevarity of the cases its targeted at that private insurance and medicare will most likely cover it and not be able to deny coverage when nothing else is out there for these patients and they carry a high degree of burden and are already costing PI and medicare a lot of money in care costs to date.
Are there risks and unknowns about levels of coverage, sure and thats why the stock is where it is, but unless you have ran a major div of a multibillion dollar health insurance co. or lobbied on Capital Hill in that sector like my father did for 40 years I tend to belive what he says over you. Oh and the fact that he went to Harvard and is prob the smartest person I know and has a net worth of millions doesnt hurt either. So how many years have you worked for a health insurance co. and with the govt in this sector and whats the balance in your bank account smart guy who knows everything?
This post is bullshit from top to bottom. Anyone who has sold high level buy and bill before, which many claim to have who were hired, know exactly that the poster who tells it like it is and does not powder puff or put up the corporate facade about the low probability of public and private third party payer coverage is suspect at best. Not only is it suspect but if you have sold in this market before you dam well know that a product like K will be an immediate denial by every single private insurer in existence. The temp code means nothing but denial, and the right to appeal with a letter of necessity from the doctor. It is that simple, and the Medicare determination meeting is not for another 6 months, and that is if the regional determination committee even grants Savient that opportunity!!! Sorry. It does not take harvard or millions in the bank to understand this, what a piss poor example trying to play the family member card at "c" level position....give me a break, pathetic you are, anyone who has experience in this market knows the inside and outside of the managed care struggle for Krystexxa, and it does not look good. Take that to harvard, asshat.