Here's how much people are willing to spend on weight loss drugs, according to a new survey
Publishing timestamp: 2024-03-23 10:11:27
Summary
Demand for weight loss drugs in the U.S. is high despite limited insurance coverage and high costs. A survey found that willingness to pay out of pocket for these treatments is strongly correlated with annual income. Patients with higher incomes are willing to pay more, while concerns about equity in access to breakthrough drugs remain. The survey also found that many patients stop treatment due to cost, hitting weight loss goals, or experiencing side effects. However, a significant portion intend to stay on the drugs permanently. Weight regain after stopping treatment is common, and many patients reported eating and drinking less while on the medications.
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Keywords: biotechnology, social issues, novo nordisk a/s, eli lilly and co, pharmaceuticals, biotech and pharmaceuticals, business, business news, health care industry,
Source: https://www.cnbc.com/2024/03/23/weight-loss-drug-cost-how-much-people-are-willing-to-spend.html