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Massachusetts Bill Would Cap MDMA Therapy Costs at $5,000

Microdose NewsDesk by Microdose NewsDesk
March 28, 2023
in Law & Politics
Reading Time: 2 mins read
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Massachusetts Bill Would Cap MDMA Therapy Costs at $5,000

…Any person or entity registered to prescribe, manufacture, distribute, dispense or provide services related to 3,4-methylenedioxymethamphetamine (MDMA) shall not charge more than $5,000 per MDMA treatment service unit.

 

This is the language used in bill HD2137, filed by Massachusetts State Representative. Nick Boldyga, a Republican, has proposed a bill that would not only re-schedule MDMA automatically upon FDA approval but cap the cost of treatment at $5,000.

The bill is at its earliest stage and has a ways to go, but it’s a sign that legislators (and a Republican at that) are taking the future of psychedelic medicine access seriously.

As for cost concerns, according to several estimates and this piece in the Washington Post, the initial roll-out of MAPS’ MDMA therapy could reach $15,000.

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If and when the FDA approves MDMA used for PTSD, it will not be widely available; it will be an option only for people with a formal clinical diagnosis of PTSD. It will also be incredibly expensive: Estimates range from $13,000 to $15,000 per treatment round, and it’s not clear what might be covered by health insurance.

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With PTSD affecting people across all demographics, and with groups like veterans suffering disproportionately and not always having access to resources — questions of costs will be important. Will the VA (Veterans Administration) cover MDMA therapy? Will regular insurance?

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While legal price-capping might not be the ultimate solution (remember MAPS is a non-profit) the conversation on cost and access is an important one to have.

 

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Tags: DecriminalizationMDMA
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