MONTGOMERYVILLE, Pa.--(BUSINESS WIRE)--PhotoMedex, Inc. (NASDAQ:PHMD), a leader in the development of proprietary excimer laser and fiber optic systems as well as techniques directed toward dermatological applications, today announced that BlueCross BlueShield of Massachusetts has adopted a medical policy effective May 5, 2008 approving payment for medically necessary treatment of psoriasis and vitiligo using the PhotoMedex XTRAC® Excimer laser system. BlueCross BlueShield of Massachusetts is the state’s largest health insurance company, covering more than 3 million lives.