INSP Announces Aetna Coverage for Inspire

MINNEAPOLIS, July 09, 2018 (GLOBE NEWSWIRE) – Inspire Medical Systems, Inc. (INSP) ("Inspire”), a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea (OSA), today announced that Aetna Inc., one of the leading health plans in the United States, will provide coverage for the Company’s Inspire therapy, effective immediately. Aetna’s plan provides coverage for approximately 22 million members…

https://finance.yahoo.com/news/inspire-medical-systems-inc-a…

This is a major victory for the company. I was not expecting this kind of major coverage until the end of 2019 after the American Academy of Sleep Medicine (AASM) includes Inspire in its guidelines. They only has 6-8m commercial lives under coverage today. Analysts were only expecting some regional Blue Cross Blue Shields wins this year. I think other major wins might come soon.

https://en.wikipedia.org/wiki/Health_insurance_coverage_in_t…

Regards,

Tom

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Tom

How big is insp’s market?

Rizz

Hi Rizz,

Please see the following link for details. The short answer is about 10 billions in US alone.

http://discussion.fool.com/here-i-present-you-inspire-medical-sy…

Regards,

Tom

@^&*#!!. I had INSP on my ready-to-buy watchlist since Thursday… looking at the chart and expected it might dip one more little bit today or tomorrow, and I’d enter.

Well yeah… today it’s up 20%+. So much for that.

+1 for the Saul rule – don’t wait until the price is “good enough” for a good company. This is like the eleventy-th time I’ve missed a win like this.

/me grits teeth

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