The eye-popping predictions for weight loss drug sales hinge on insurance coverage of the pricey treatments, and momentum seems to be building on that front.
The eye-popping predictions for weight loss drug sales hinge on insurance companies agreeing to provide coverage of the pricey treatments, and momentum seems to be building on that front. But Bank of America analyst Allen Lutz is wondering whether employers know how risky is the bet that they are making. The hope is that spending today on GLP-1 medications like Ozempic, which can cost $1,300 a month or more, will yield health-care savings tomorrow.
Although designed to treat overweight and obesity, the drug has been used off-label by people who have wanted to shed pounds for cosmetic reasons, which is one concern Lutz has raised.
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