Becker's Healthcare November 26, 2024
Paige Twenter

Should employers, patients, or insurers bear the largest share of an annual $411 billion cost?

The U.S. healthcare industry is contending with the question amid the boom of GLP-1 popularity.

List prices for popular GLP-1 medicines are about $1,000 for a four-week supply. Citing high costs and demand, some employers and insurance plans have trimmed or ended GLP-1 coverage.

In mid-2024, 44% of employers with 500 or more employees offered coverage for GLP-1 obesity drugs, according to consulting firm Mercer. GLP-1 drugmakers Eli Lilly and Novo Nordisk are working to increase this percentage as they tell employers this coverage will bring long-term cost savings.

On Nov. 26, the Biden administration shared a proposal for Medicare and Medicaid to...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

 
Topics: Biotechnology, Employer, Insurance, Patient / Consumer, Pharma / Biotech
Pharma Firms Mallinckrodt and Endo Agree to Merge in $6.7B Cash and Stock Deal
FDA Approves First Biosimilar to Omalizumab
Zealand Pharma, Roche Reach Potential $5.3 Billion Deal to Develop Petrelintide for Weight Management
STAT+: Pharmalittle: We’re reading about a Roche deal for an obesity drug, a Gilead HIV drug and more
Roche builds in obesity with $5.3bn Zealand licensing deal

Share This Article