Tag

Prescription Costs

All articles tagged with #prescription costs

business2 months ago•6 min saved

Oral GLP-1 Weight-Loss Pills Strain Employer Health Budgets

Even as oral GLP-1 weight-loss pills drive demand, employers worry about high upfront and ongoing costs with uncertain long‑term benefits, leading some to tighten or trim coverage for 2027; net costs to plan sponsors are around $569–$664 per employee per month after discounts, while eligibility rules tighten and some plans may avoid covering the drugs entirely, even as Medicare prices fall and competition could eventually lower prices in the longer term.

via CNBC|

#business #employer-benefits #glp-1

healthcare3 years ago•4 min saved

"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.

via New York Post |

#employers #healthcare #insurance-coverage