Wind behind ERB sails. Some tests now covered 100% with no deductible.
"With the passing of the Affordable Care Act (Obamacare) in January 2014, costs associated with certain preventative medical testing will no longer be applied to the deductible portion of a patient's medical insurance. This results in Medicare and private insurance and reimbursement agents being responsible for 100% of the cost of these tests. The Company believes that this single change may create a tremendous surge in the demand for and utilization of early detection diagnostic testing and may create and bolster the need to make these tests available to physician practices and ultimately, millions of additional patients across the nation."
The PR above is from one of many publicly traded med diagnostic companies that be at and have a booth at AACC next week in Chicago.
I expect many more nuggets like that one to give investors some guidance as to what to expect from ERB in terms of new products, reagents, test kits, equipment, customers, markets...
I encourage everyone with $30 and a way to get to Chicago next week to attend. IMO all the ERB companies will be there all in he same booth displaying their products for everyone to see. ERB sales people will be speaking English, Farsi, French, Russian, Spanish, Indian, Arabic, German, Italian, Chinese... Did I miss one? Very impressive.