Review at Launch for New to Market Medications (Medical Benefit Drug Policy)
Applies to new FDA-approved, provider-administered medications reimbursable on the medical benefit for Individual Exchange plans (all states except MA, NV, NY). Establishes that medications on the Review at Launch Medication List are excluded until reviewed and sets the medical necessity review criteria and authorization limits (including for biosimilars).
12/01/2025: Routine review; no change to coverage guidelines; archived previous policy version IEXD0060.08.
12/05/2025 and subsequent 2026 dates: Multiple updates to the Review at Launch Medication List including additions and removals of specific products and updates to applicable HCPCS codes for certain products.