"Employers Restricting Coverage for Expensive Weight-Loss Medications, Including Ozempic: Study"

The high cost of weight-loss drugs like Ozempic is leading some employers to cancel insurance coverage, as the drugs can cost as much as $1,350 per month. Employers, including the University of Texas System and Ascension Healthcare, have seen their spending on coverage skyrocket into the tens of millions of dollars. The University of Texas System recently announced it would end coverage for weight-loss shots Wegovy and Saxenda, which were costing the company over $5 million monthly. The demand for these drugs has surged due to their slimming effects, but they have also been associated with side effects and concerns about their impact on insurance costs.