Dr. Oz Claims Cheaper GLP-1s and FDA-Approved Pill Are on the Way

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Dr. Oz Claims Cheaper GLP-1s and FDA-Approved Pill Are on the Way

During a recent episode of the All-In Podcast, Dr. Mehmet Oz, the current administrator for CMS (Centers for Medicare & Medicaid Services), revealed significant developments regarding GLP-1s and their pricing…

calfkicker.com

 

[byefatlicia]

"It’s going to save us so much money from reducing hypertension, diabetes, and the downstream illnesses"

This is the big picture. And he gets it🙂

 

[Nmcoyote1]

I’m glad to see the price come down. But I plan to stick to gray at $20 a month versus $300+ for script shots at max dose. When I started Sema I wanted a pill so bad. I was scared of giving myself a shot. But now the pill seems like a bother. Have to be fasting, only four ounces of water, wait 30 minutes. Now I prefer a quick simple once weekly shot.

 

[New2ton]

"He said that we’re going to take the prices of these d***s, which are now prohibitively high for many Americans, $1,200 cash pay. It’s going to be a starting price of around $200."

"And here’s the good news. Every Medicare patient gets it for $50 co-pay. Every Medicaid patient gets it for nothing.”

Why shouldn't every patient get it for $50 co-pay or less? This may address the issue for those on Medicare or Medicaid, but what about the rest of us who have employer sponsored health insurance that do not cover GLP-1s at all? Why should we have to pay a starting price of $200? The fix needs to happen with Big Pharma and insurance.

 

[byefatlicia]

"He said that we’re going to take the prices of these d***s, which are now prohibitively high for many Americans, $1,200 cash pay. It’s going to be a starting price of around $200."

"And here’s the good news. Every Medicare patient gets it for $50 co-pay. Every Medicaid patient gets it for nothing.”

Why shouldn't every patient get it for $50 co-pay or less? This may address the issue for those on Medicare or Medicaid, but what about the rest of us who have employer sponsored health insurance that do not cover GLP-1s at all? Why should we have to pay a starting price of $200? The fix needs to happen with Big Pharma and insurance.

“At that price, we will within two years return money to the American taxpayer.

This statement says it all. They are achieving these prices by subsidizing BP. And they're not going to get a return on the improved health of the whole population. Only the folks on government healthcare will save them the money they spend.

 

[byefatlicia]

But if insurance companies realize the savings potential of a healthier population, maybe we'll see them shift to a new way of thinking as well...
It's all about maximizing profit after all 😉

 

[JoonyO]

"They are achieving these prices by subsidizing BP."
That might hold water but I believe it is still a step in the right direction.

 

[New2ton]

But if insurance companies realize the savings potential of a healthier population, maybe we'll see them shift to a new way of thinking as well...
It's all about maximizing profit after all 😉

I doubt I will see this happen in my lifetime, but there is always hope. I don't know the statistics on how many have turned to grey, but why wouldn't EL and NN want to re-capture that market share by making it affordable for everyone. For most households, even $200 a month is not affordable.

 

[byefatlicia]

We won't see BP do anything that doesn't bring in more $$ for BP. When the patents eventually run out is when we will see price relief. Until then, buy a mini freezer and wait for "Bella" to have a huge sale with free shipping🙂

 

[New2ton]

We won't see BP do anything that doesn't bring in more $$ for BP. When the patents eventually run out is when we will see price relief. Until then, buy a mini freezer and wait for "Bella" to have a huge sale with free shipping🙂

No doubt!!

 

[MsGizmo]

"He said that we’re going to take the prices of these d***s, which are now prohibitively high for many Americans, $1,200 cash pay. It’s going to be a starting price of around $200."

"And here’s the good news. Every Medicare patient gets it for $50 co-pay. Every Medicaid patient gets it for nothing.”

Why shouldn't every patient get it for $50 co-pay or less? This may address the issue for those on Medicare or Medicaid, but what about the rest of us who have employer sponsored health insurance that do not cover GLP-1s at all? Why should we have to pay a starting price of $200? The fix needs to happen with Big Pharma and insurance.

Even a $50 co-pay is too much in my opinion considering what the insurance companies are being paid for the plans to begin with.

 

[Calm Logic]

but why wouldn't EL and NN want to re-capture that market share by making it affordable for everyone. For most households, even $200 a month is not affordable.

I have wondered the same thing, as have many others here. But maybe most people with obesity (or history of) would not take it for life, even if free?

In any case, I think the drug companies always want a sure thing for maximum profits, so err on the side of charging more.

 

[AndyPanda]

Why shouldn't every patient get it for $50 co-pay or less? This may address the issue for those on Medicare or Medicaid, but what about the rest of us who have employer sponsored health insurance that do not cover GLP-1s at all?

Because us working fools are paying for the Medicaid leeches to get their free and reduced everything. It’s their reward for existing.