If the Insurance Billing option is selected on the Test Request Form, Myriad will verify coverage and determine the patient’s financial responsibility. MGT was generally more costly. AffordableBCRA Testing Cost Should Never be a Barrier When Genetic Testing Impacts Treatment Decisions That’s why it’s our promise to make it accessible and affordable through insurance and financial assistance Up to 97% Insurers who have coverage for hereditary cancer testing Up to 75% Patients who have $0 for testing at Myriad1 GREATER-THAN 90% Patients … Affordable BRCA Testing … Through excellent insurance and financial assistance, 75% of patients who undergo myRisk testing pay $0 and 90% of patients pay $100 or less. Very deceptive practice In the United States, several laboratories perform commercial BRCA1, BRCA2, and PALB2 testing, including Myriad Genetic Laboratories, Ambry Genetics, and GeneDx. I read a report of myriad labs titled Myriad Labs, Myriad Genetics These people use deceptive practices to fleece you of your money Salt Lake City Utah This exact thing happened to me as well almost verbatim. Therefore, we have designed programs to make sure testing is affordable for everyone. They report results within 2 to 4 weeks. MYRIAD GENETICS, INC. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS (Unaudited) (in millions, except per share amounts) Three months ended September 30, 2019 2018: Molecular diagnostic testing $ 172.0 $ 189.0 Pharmaceutical and clinical services 14.3 13.3 Total revenue 186.3 202.3 Costs and expenses: Cost of molecular diagnostic testing 41.2 42.3 Myriad Genetics tests can cost up to $4000. MYRIAD GENETICS, INC. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS (Unaudited) (in millions, except per share amounts) Three months ended September 30, 2019 2018: Molecular diagnostic testing $ 172.0 $ 189.0 Pharmaceutical and clinical services 14.3 13.3 Total revenue 186.3 202.3 Costs and expenses: Cost of molecular diagnostic testing 41.2 42.3 The company also offers a financial assistance program. I complained about the extreme cost deception to my gynecologist as well as to myriad labs. At Myriad, we understand that each situation is unique. They do claim that 97% of private health insurance companies cover their testing. That’s why it’s Myriad’s promise to make it accessible and affordable for those who meet testing criteria: 97% of patients who undergo myRisk hereditary cancer testing are broadly covered. The list prices for BRCA1/2 testing and MGT for various genetic testing companies (Myriad, Ambry, Quest, and Invitae) were obtained by telephone (see Appendix Table A1, online only). Key cost inputs for the model were considered from a third-party payer perspective, such as insurance or Medicare. Cost should never be a barrier when patients need genetic testing. This program may cap expenses at $295 for individuals who qualify. Myriad offers financial assistance to reduce out-of-pocket costs for qualified underinsured patients in the U.S. to no more than $295.