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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. The negotiations ...
Weight loss drugs Ozempic and Wegovy have been added to the list of medications Medicare will be able to negotiate directly with drug manufacturers, potentially leading to savings for consumers.
Medicare Part D — Medicare’s prescription drug coverage program — typically covers Ozempic for the drug's FDA-approved use of treating people with Type 2 diabetes.
The 15 drugs accounted for $41 billion, or 14%, of total Medicare Part D spending between Nov. 1, 2023, and Oct. 1, 2024.
The savings on the 25 drugs stem from a new law that allows Medicare to haggle over the price it pays on the most popular and expensive prescription drug scripts filled by older Americans.
The study found that 76 in 100 people had coverage for GLP-1 agonists if they had diabetes, while 27 in 100 individuals had coverage for GLP-1 agonists for weight loss alone.
(The Center Square) – President Joe Biden plans to require Medicare and Medicaid to offer coverage for weight-loss medications, a move that could cost $36 billion for the two federal programs ...
Bennett said 80% of patients with insurance pay $25 or less per month for Ozempic and 90% pay $50 or less. "While the list price is set by Novo Nordisk, taken out of context it can be misleading ...
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