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Most employer health plans don't cover new blockbuster weight loss drugs, but that's going to change - TL;DR CNBC

Most employer health plans don't cover new blockbuster weight loss drugs, but that's going to change

Publishing timestamp: 2024-02-16 11:06:48


Summary

Consumers are seeking weight loss drugs despite their high cost, and while many corporate health insurance plans cover these drugs for diabetes, coverage for weight loss is less common. However, employer interest in covering obesity treatments is increasing. The cost and lack of long-term data on effectiveness and side effects are concerns for employers. Prescription volumes of weight loss drugs are rising, and companies are grappling with how to cover these drugs without incurring significant expenses. The article discusses the coverage landscape for weight-loss drugs and the challenges faced by employers.


Sentiment: NEUTRAL

Tickers: LLYNVONOVO.B-DK

Keywords: prescription drugsweight managementpharmaceuticalsemployee healthcare benefitsunited stateslabor economyemployee benefitsbusiness newspersonneleli lilly and cohealth insurancenovo nordisk a/shealth care industryobesitysocial issues

Source: https://www.cnbc.com/2024/02/16/what-you-need-to-know-about-health-coverage-for-new-weight-loss-drugs.html


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