CNBC March 21, 2024
Key Points
– Medicare can start covering certain weight loss drugs – as long as they are approved in the U.S. for an added health benefit.
– The Centers for Medicare and Medicaid Services said it has issued the new guidance allowing Medicare Part D plans to cover weight loss drugs which receive that approval.
– The agency’s guidance will allow Medicare patients to get coverage for Novo Nordisk’s weight loss injection Wegovy as long as it is prescribed to reduce their risk of heart attacks and strokes.
Medicare can start covering certain weight loss drugs for the first time — as long as they are approved for an added health benefit, the Centers for Medicare and Medicaid Services...
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Topics: Biotechnology, CMS, Govt Agencies, Insurance, Medicare, Patient / Consumer, Pharma / Biotech, Provider