DermTech, Inc. announced favorable coverage policies from four commercial payers including Blue Cross Blue Shield of North Carolina (BCBS NC), Blue Cross Blue Shield of South Carolina (BCBS SC), Blue Cross Blue Shield of Louisiana (BCBS LA) and Blue Cross Blue Shield of Kansas City (BCBS KC). These coverage policies were announced pursuant to an independent technology assessment by the second largest laboratory benefits manager in the U.S. and are similar to the policy issued by Medicare for coverage of the Company's foundational assay for the DermTech Melanoma Test (DMT). In addition, the Company recently entered into an agreement with a Blues plan in Michigan.

These policies make the foundational assay of the DermTech Melanoma Test (DMT) available to the 3.8 million members of BCBS NC, 1.7 million members of BCBS SC, 1.9 million members of BCBS LA and 1.0 million members of BCBS KC. The agreement with a Blues plan in Michigan makes the DMT available to its 4.5 million members. The DMT is the first non-invasive approach to enhance melanoma detection and has greater than 99 percent negative predictive value (NPV).

DermTech's total covered lives in the U.S. are approximately 104 million, which includes 68 million for Medicare/Medicare Advantage and 36 million for commercial payers including many of the largest Blues plans in the U.S.