Long and Costly Journey Awaits Insurers

Long and Costly Journey Awaits Insurers


A selection of injector pens for the Saxenda weight ‌loss drug are shown in this photo illustration ⁣in Chicago,⁤ Illinois, U.S.,⁢ March 31, 2023.

Jim Vondruska ⁤|‍ Reuters

Novo Nordisk’s obesity ​drug Wegovy slashed the risk of serious heart problems by 20% in a large clinical trial — a landmark ⁤finding‌ that could put more pressure on insurers to cover the blockbuster medication and⁢ similar weight loss ⁢treatments.

The data sent weight ⁤loss-related stocks ⁣soaring ⁤on Tuesday, with​ Novo ​Nordisk⁢ and its main⁣ rival ⁢Eli Lilly soaring more than 15%. Weight ⁤Watchers International, which owns a⁢ telemedicine firm that prescribes obesity‌ drugs, jumped as much as​ 24%.

But it⁤ is likely ‍that more‌ data⁣ of this type ⁤will be necessary‌ before the U.S. sees increased ​insurance coverage for obesity drugs.

While the ‌trial results⁤ demonstrate⁣ that ⁤obesity drugs may have significant health benefits beyond shedding unwanted‍ pounds, organizations representing ⁢U.S. insurers emphasized that the ​data is still…

2023-08-09 14:19:04
Source​ from ⁤ www.cnbc.com
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