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The 15 drugs accounted for $41 billion, or 14%, of total Medicare Part D spending between Nov. 1, 2023, and Oct. 1, 2024.
Diabetes and weight loss drugs Ozempic and Wegovy have been added to the list of medications selected for Medicare price negotiations, federal health officials announced Friday.
Wegovy was approved for weight loss management by the Food and Drug Administration in 2021. ... Medicare officials said weight loss drugs are not covered when used for chronic weight management in ...
For beneficiaries to receive available Medicare-covered weight-loss treatments your body mass index (BMI), which is an estimate of your body fat based on your height and weight, must be 30 or higher.
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.
The deliberations, as mandated by the Inflation Reduction Act of 2022, are meant to help people on Medicare afford their medications by allowing the government program to directly haggle over ...
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