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Stock impact report

"I was fighting to survive": Patients still struggle with preauthorization despite promise of reform [CBS News]

Elevance Health, Inc. (ELV) 
Company Research Source: CBS News
That's why Ekirch, 31, of Henrico, Virginia, was stunned when she learned Anthem would finally have to pay for life-changing medical treatment. For two years, she had battled the company to cover blood plasma infusions called intravenous immunoglobulin, or IVIG. The treatment has been shown, in some cases, to improve symptoms associated with small-fiber neuropathy, a condition that makes Ekirch's limbs feel like they're on fire. But Anthem had repeatedly denied coverage for IVIG, which costs about $10,000 per infusion. Then, in February, an external review of her case conducted for the Virginia Bureau of Insurance overturned Anthem's denial. It meant her parents would no longer need to withdraw money from her father's retirement savings to pay out-of-pocket. Already, they'd spent about $90,000. "My mom was sobbing. My dad was on his knees, sobbing. I don't think I've ever seen him cry like that," said Ekirch, describing her parents' reaction to the reversal. "I think I'm in s Show less Read more
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