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CISION PR NEWSWIRE


DC MEDICAID BECOMES THE FIRST MEDICAID PLAN TO COVER THE NERIVIO® REN WEARABLE,
A NON-DRUG TREATMENT FOR MIGRAINE



News provided by

Theranica

May 21, 2024, 8:15 AM ET

This represents the second federally funded insurance plan, after the Veteran
Administration (VA), to cover the innovative therapy

BRIDGEWATER, N.J. and NETANYA, Israel, May 21, 2024 /PRNewswire/ -- Theranica, a
neuromodulation therapeutics company, today announced DC Medicaid's coverage of
the Nerivio® REN wearable, the first and only FDA-cleared, non-drug,
non-disruptive treatment for both acute attacks and prevention of migraine with
or without aura in adolescents and adults ages 12 and older. This coverage will
empower DC Medicaid beneficiaries living with migraine with a non-invasive,
drug-free treatment option.



DC Medicaid is now the second federally funded insurance plan to cover the
Nerivio REN wearable for migraine relief.

In addition to the VA, DC Medicaid is now the second federally funded insurance
plan to cover the Nerivio REN wearable, offering life changing relief to people
living with migraine. Nerivio harnesses the natural power of the brain to abort
migraine pain and associated symptoms without drugs or disruption, so patients
can safely and effectively prevent and treat migraine and be present in everyday
life. DC Medicaid covers over 300,000 members in the greater Washington D.C.
area, accounting for 45% of the District's population.

DC's Medicaid decision is significant in setting the course for additional
federally funded programs as well as commercial insurance providers across the
U.S. Earlier this year, Highmark Inc. and Blue Cross Blue Shield North Dakota
announced coverage for Nerivio, leading the effort to increase access to
effective drug-free prescribed migraine treatments with clinical benefits
properly backed by high-quality data.

"I commend DC Medicaid's decision to cover the Nerivio REN wearable for both
acute and preventive treatment of migraines, providing much-needed relief to
underserved patients," said Professor Christopher Gottschalk, MD, FAHS, General
Neurology Section Chief and Director of the Headache & Facial Pain Center at
Yale University, and the Immediate Past President of the Alliance for Headache
Disorders Advocacy (AHDA) "By embracing clinically proven, non-pharmacologic
therapies such as a REN wearable, we're not only improving patient outcomes but
also advancing the standard of care for people living with migraine."

"This is such great news," added Marc DiSabella, DO, Director of the Headache
Program at Children's National Hospital in Washington D.C. "Now this treatment
can be used as first-line therapy in our young migraine patients with DC
Medicaid or managed health plans".

Many of the 40 million patients living with migraine in the U.S. need a
non-disruptive way to both treat and prevent migraine, and having insurance
coverage is paramount for most. Additionally, a health economics outcome study
published in The Journal of Health Economics demonstrated significant savings to
health insurance companies, estimated at $10,000 in annual cost per member, when
covering Nerivio for prevention of migraine.

"A recent report from the Headache and Migraine Policy Forum states that eight
in 10 patients say limited access to care leads to more frequent and severe
migraine attacks," said Alon Ironi, CEO of Theranica. "This underscores
Theranica's commitment to providing a non-disruptive and drug-free migraine
treatment and also highlights the importance of DC Medicaid's decision to expand
access to clinically proven treatments. The in-depth clinical evaluation by
Highmark in 2022-2023 has paved the way for DC Medicaid, BCBS North Dakota, and
other payers to follow suit and prioritize the well-being of their members
living with migraine."

For more information about the Nerivio REN wearable and to download a
prescription form, please visit Nerivio.com.

About Nerivio
Controlled by a smartphone app and self-administered, the Nerivio REN wearable
is a complete migraine care treatment that wraps around the upper arm and uses
sub-painful Remote Electrical Neuromodulation (REN) to activate nociceptive
nerve fibers in the arm. These fibers send signals that trigger a descending
pain management mechanism in the brain called conditioned pain modulation (CPM),
which turns off migraine pain and associated symptoms without medication. In
simpler terms, the upper arm is stimulated to unleash a natural process in the
brain to abort or relieve migraine headaches and other associated symptoms. Each
treatment lasts 45 minutes and is applied every other day for prevention or at
the start of a migraine attack for acute treatment.

About Theranica
Theranica is a neuromodulation therapeutics company dedicated to creating
effective, safe, affordable, low-side-effect therapies for idiopathic pain
conditions. The company's award-winning flagship wearable, Nerivio®, is the
first FDA-cleared prescribed migraine REN wearable for acute and/or preventive
treatment of migraine. Nerivio has been used in more than 650,000 migraine
treatments in the U.S., including by adolescents and veterans. Learn more by
visiting our websites, theranica.com and nerivio.com, and following us on
LinkedIn, X (formerly Twitter), Instagram and Facebook.
 #NoMatterWhat

Theranica Contact:

Ronen Jashek
ronenj@theranica.com
+972-72-390-9750

Media Contact:
Jennifer Sefakis
Grey Matter Marketing
jennifer@greymattermarketing.com



View original content to download
multimedia:https://www.prnewswire.com/news-releases/dc-medicaid-becomes-the-first-medicaid-plan-to-cover-the-nerivio-ren-wearable-a-non-drug-treatment-for-migraine-302150532.html

SOURCE Theranica

NOTE: This content is not written by or endorsed by "KWKT/KYLE", its
advertisers, or Nexstar Media Inc.

For inquiries or corrections to Press Releases, please reach out to Cision.
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