April 24 Aetna Inc. spent about $30
million during the first quarter on Sovaldi, the pricey new
hepatitis C treatment from Gilead Sciences Inc., Chief
Financial Officer Shawn Guertin said on Thursday during a
conference call with investors.
Guertin said the costs were in line with the company's
expectations. Most of it was in its commercial business and in
Medicare Part D, the government program in which private
insurers manage drug benefits.
Medicaid-related Sovaldi costs accounted for the smallest
portion of that $30 million, he said, as some states continue to
develop policies on the drug and because some states where it
operates do not use private insurance to pay for any
(Reporting by Caroline Humer; Editing by Chizu Nomiyama)