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Medicare needs to OK rule giving seniors access to FDA-approved medical devices

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Mina De La O | Digital Vision | Getty Images

Dr. Anand Shah is an oncologist and the former deputy commissioner at the FDA and the former chief medical officer at the Center for Medicare & Medicaid Innovation. He’s also an advisor to Morgan Stanley.

Navigating public and commercial health insurance to get innovative medical products covered can be a never-ending cycle of bureaucracy.

Medical technologies deemed “safe and effective” by the Food and Drug Administration – the global gold standard for drug and device regulation – aren’t always covered by the Centers for Medicare & Medicaid Services, which requires companies to meet the additional hurdle of proving their product is…



Source cnbc.com

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