In This Article:
MINNEAPOLIS, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) ("Inspire”), a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea, announced today that Humana Inc. (“Humana”), one of the leading health plans in the U.S., will provide coverage for the Company’s Inspire therapy, effective August 27, 2020. Humana is a national healthcare company that provides health insurance coverage to approximately 16.7 million individuals in the U.S.
“We are thrilled to receive this positive coverage decision from Humana. Commercial health plans continue to update their coverage policies to include Inspire therapy, providing an increasing number of patients and physicians with access to our safe and effective therapy,” said Tim Herbert, President and Chief Executive Officer of Inspire. “With the addition of Humana, we now have 59 coverage policies, representing over 207 million lives, that cover Inspire therapy.”
The Humana coverage decision includes the expanded age range approved by the U.S. Food and Drug Administration in April 2020 to include patients 18 years and older. In addition to the 59 commercial coverage policies, Inspire therapy also has Medicare coverage across the entire U.S.
About Inspire Medical Systems
Inspire is a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea. Inspire’s proprietary Inspire therapy is the first and only FDA-approved neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea.
For additional information about Inspire, please visit www.inspiresleep.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts are forward-looking statements, including, without limitation, statements regarding further updates to commercial health plans’ coverage policies to include Inspire therapy and patients’ and physicians’ increased access to Inspire therapy. In some cases, you can identify forward-looking statements by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expect,’’ ‘‘plan,’’ ‘‘anticipate,’’ ‘‘could,’’ “future,” “outlook,” “guidance,” ‘‘intend,’’ ‘‘target,’’ ‘‘project,’’ ‘‘contemplate,’’ ‘‘believe,’’ ‘‘estimate,’’ ‘‘predict,’’ ‘‘potential,’’ ‘‘continue,’’ or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words.