Business opinion Congress Must Act Now: Embrace Multi-Cancer Early Detection to Save Lives
Opinion
CIO Bulletin
2024-08-30
Early cancer detection is a bipartisan issue. Congress should support MCED tests to improve survival rates and reduce healthcare costs.
Over 600,000 American lives are lost to cancer every year, making it a frightening issue even today. It is still impossible to fully cure cancer, even after much money and research has been invested. Nonetheless, an effective tool in the fight against this illness is early detection. Multi-cancer early detection (MCED) tests have become an important intervention; they examine a basic blood sample for several cancer kinds.
Galleri test, one of the most recent developments in MCED technology, has great accuracy in detecting over 50 malignancies. However, financial and legal obstacles are preventing wider implementation. The regulatory obstacles that cutting-edge biotech companies must overcome are best shown by the Federal Trade Commission's involvement in Grail's case. Avoiding these obstacles and facilitating company cooperation may hasten the release of these life-saving diagnostics.
Furthermore, Medicare and Medicaid must pay for these testing, particularly for individuals who are old or have little financial resources. The early detection is a wise investment because it not only saves lives but also lessens the financial strain on our healthcare system.
Congress has a significant chance to advance this cause with bipartisan support for the Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act and the Medicare Multi-Cancer Early Detection Screening Coverage Act. Adopting MCED technology can have a major impact on healthcare expenses and cancer survival rates, which emphasizes the urgency of passing legislation right away.
Bruce Ratner, former NYC Commissioner of Consumer Affairs and cancer activist, emphasizes the urgency of supporting these promising technologies.
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