The Biden administration has come up with a new idea to help people who are overweight. They want Medicare and Medicaid to cover the cost of weight loss drugs for people who need them. This would make it much cheaper for people to get these drugs, which can be really expensive right now. Medicare usually doesn't pay for weight loss drugs unless they are used to trea...
In the final stretch of President Joe Biden’s term, his Department of Health and Human Services (HHS) has proposed a new Medicare and Medicaid rule that could spark a big debate. The rule would make weight-loss drugs like Ozempic and Wegovy more accessible to these recipients. HHS Secretary Xavier Becerra believes this could help fight the obesity crisis in the U. S....
Did you know that some drugs designed for weight loss might also be helpful for people dealing with alcohol addiction? A study published in JAMA Psychiatry suggests that Ozempic and Wegovy, both containing semaglutide, could play a significant role. Researchers in Sweden looked at around 228, 000 people with both Type 2 diabetes and alcohol use disorder. They found t...
Pfizer, a major player in the pharmaceutical industry, has recently shared more details about its weight loss drug pipeline. This comes as part of their efforts to compete in the growing market for weight loss medications, currently dominated by Novo Nordisk and Eli Lilly. These companies have found success with medications that mimic hormones to control blood sugar ...
You might know about Ozempic and Wegovy, two drugs that help people feel full and eat less. With obesity rates high, a lot of Americans want these treatments. But here’s the tricky part: even though many have employer-sponsored health insurance, getting coverage for these expensive medicines is tough. One in three employees are looking for more support to fight obes...
Looking into how many large companies cover weight loss drugs, a recent Health Affairs survey reveals a surprising truth. Less than one in five of these big firms include popular, pricey drugs like Wegovy and Zepbound in their health plans. This leaves millions of workers without access to these medications. Some firms that do provide coverage say it significantly im...
Ever heard of a drug that can help you shed pounds while treating diabetes? Well, meet Ozempic, Wegovy, and Zepbound – the weight loss drugs taking the world by storm. Originally designed to treat diabetes, these medications have a slimming side effect that's got everyone talking. Pharmaceutical giants like Novo Nordisk and Eli Lilly are raking in billions, and the m...
Eli Lilly, the pharmaceutical giant known for its diabetes and weight-loss drugs, has made a bold move by appointing insider Lucas Montarce as their new chief financial officer. This comes months after former CFO Anat Ashkenazi left to join Google parent Alphabet. Montarce brings over two decades of experience from various finance leadership roles at Lilly, including...