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Medicare doesn’t cover drugs used strictly for weight loss. However, it can cover some drugs — like Ozempic and Wegovy — if they’re used to treat other health conditions, like Type 2 ...
The 15 drugs accounted for $41 billion, or 14%, of total Medicare Part D spending between Nov. 1, 2023, and Oct. 1, 2024.
Medicare will seek to negotiate lower list prices for the blockbuster diabetes and weight loss drugs Ozempic and Wegovy and 14 other medications, a cost-saving move that would take effect in 2027.
Last year, Medicare reached agreements to lower prices on 10 drugs. The program is supposed to release a list of 15 more prescription drugs selected for the next round of negotiations by Feb. 1.
"If your preferred pharmacy is out of your particular GLP-1 medication, there are plenty of mail-order pharmacies and independent neighborhood pharmacies that may carry the drug," Dr. Katrina ...
The Medicare drug price negotiation program — that allows the federal health insurance program for people age 65 or older to negotiate the price of certain drugs with the companies that make ...
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