BioPharma Dive August 27, 2024
If all newly eligible patients received Novo’s GLP-1 drug, Medicare Part D spending could increase by $34 billion to $145 billion each year, according to new research.
Dive Brief:
- An expensive weight loss drug could become one of Medicare’s costliest medications, even if the majority of patients are ineligible for coverage, according to a study published Monday in the Annals of Internal Medicine.
- The analysis found 3.6 million people are likely to be eligible for treatment with semaglutide, a GLP-1 drug that’s approved as Wegovy to treat obesity and reduce heart risk. More liberal definitions of eligibility could increase that number to 15.2 million people.
- If all newly eligible patients received semaglutide, spending in Medicare’s Part D prescription drug...