• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Ozempic, Wegovy covered by Medicare and Medicaid under Biden admin proposal for anti-obesity GLP-1 drugs

by November 26, 2024
written by November 26, 2024

The Biden administration is expanding coverage of anti-obesity drugs such as Ozempic and Wegovy for people with Medicare and Medicaid through a new proposal from the Department of Health and Human Services, a White House official says. 

Medicare currently only covers these drugs for people who are diagnosed with diabetes or cardiovascular disease with obesity, or for people who are overweight, according to the official, who added that while some state Medicaid programs cover the GLP-1 medications for obesity, many do not. 

The new HHS proposal, they said, would require both Medicare and Medicaid to cover the drugs for people with obesity as a treatment for the condition.

‘Today’s new proposal would expand access to these innovative medications for obesity, which is widely recognized as a disease and help an estimated 3.4 million Americans with Medicare. Medicare coverage would reduce out-of-pocket costs for these prescription drugs by as much as 95 percent for some enrollees,’ the White House said in a statement Tuesday. 

‘Approximately 4 million adult Medicaid enrollees would also gain new access to these medications. This proposal would allow Americans and their doctors to determine the best path forward so they can lead healthier lives, without worrying about their ability to cover these drugs out-of-pocket, and ultimately reduce health care costs to our nation,’ the statement added. 

The White House says that ‘for too many Americans, these critical treatments are too expensive and therefore out of reach,’ and, ‘without insurance coverage, these drugs can cost someone as much as $1,000 a month.’

GLP-1 (glucagon-like peptide) receptor agonists are commonly prescribed to patients with type 2 diabetes (to stabilize blood glucose levels) or obesity (to assist with weight loss). 

‘These medications slow down digestion, which means food stays in the stomach longer,’ said Dr. Alfred Bonati, the founder of the Bonati Spine Institute in Florida, previously told Fox News Digital. 

The White House says an estimated 42 million Americans today have obesity, ‘with increased risk of all-cause mortality and multiple related comorbidities such as diabetes, cardiovascular disease, stroke, some cancers, and more.’ 

‘Over the past few years, there have been major scientific advancements in the treatment of obesity, with the introduction of new life-saving drugs. These anti-obesity medications can help prevent the development of Type 2 diabetes. Furthermore, these drugs reduce deaths and sickness from heart attack and other cardiovascular outcomes by up to 20%,’ the White House added. 

Fox News’ Melissa Rudy contributed to this report. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Putin’s ‘Fog of War’ missile confuses experts, but that’s his plan
next post
Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand

related articles

Inside longtime Biden aide’s marathon closed-door grilling in...

July 12, 2025

David Gergen, trusted White House advisor to 4...

July 11, 2025

Who is Ashley Williams, the longtime Biden aide...

July 11, 2025

Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with...

July 11, 2025

JONATHAN TURLEY: Justice Jackson plays pundit to dismay...

July 11, 2025

‘Nothing to stand on’: Ex-White House physician slams...

July 11, 2025

State Department to axe 1,800 employees

July 11, 2025

Biden cover-up probe heats up as another ex-White...

July 11, 2025

State Department to begin mass layoffs of about...

July 11, 2025

Duffy just got an additional job in Trump’s...

July 11, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Biden’s pandemic playbook failed. Trump just offered a smarter path forward

    May 15, 2025
  • Taiwan FM hails importance of US relationship, says group visits ‘contribute to peace and stability’

    January 10, 2025
  • Mexico sues Google for changing ‘Gulf of Mexico’ to ‘Gulf of America’ after Trump’s order

    May 10, 2025
  • Trump campaign picks up the pace, eyes counter-programming during Democrats’ convention

    August 14, 2024
  • Oil and natural gas: Oil has an opportunity to recover

    September 27, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,319)
  • Investing (634)
  • Stock (841)

Latest Posts

  • With Trump-Harris debate over and Election Day looming, here’s how to talk about politics with your kids

    September 12, 2024
  • On Reagan’s birthday, how he and Trump helped Make America Great Again

    February 6, 2025
  • Digital health companies pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown

    December 26, 2024

Recent Posts

  • Trump’s inauguration celebrated by Candace Cameron Bure, more Hollywood stars: ‘God Bless America’

    January 21, 2025
  • GOP leaders find new major holiday deadline for Trump’s ‘big, beautiful bill’ amid Medicaid, tax divisions

    May 5, 2025
  • SEN. JOHN THUNE: The modern Republican Party and our mandate

    November 11, 2024

Editor’s Pick

  • US to provide Ukraine with another $425M worth of supplies to help defend itself against Russia

    October 16, 2024
  • Dow slips 1,700 points, while S&P sheds Wednesday’s gains; big tech, bank stocks see steep declines

    April 11, 2025
  • Home prices hit record high in June on S&P Case-Shiller Index

    August 28, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock