Medicare and higher prices

[keangkong]

My understanding is that folks on Medicare have to pay a much higher cash price for tirzepatide and semaglutide than other folks whose insurance doesn't cover these drugs. Is that an intentional decision on the part of the manufacturers? Or is that mandated by U.S. law?

 

[m100568]

My understanding is that it is an old law prohibiting discounts on weight loss meds -- think Fen Fen. The law makes no sense for GLP-1s, but it is still the law. Good luck changing it. "Oh, so you want to make a common sense change to that law, well what I want in return is. . . . " You know how politics goes. In the meantime, how many people over 65 will be priced out of the market, or forced into grey?

 

[MsGizmo]

My understanding is that folks on Medicare have to pay a much higher cash price for tirzepatide and semaglutide than other folks whose insurance doesn't cover these drugs. Is that an intentional decision on the part of the manufacturers? Or is that mandated by U.S. law?

My mother gets her Ozempic from Medicare and I believe it costs her about $45 a month. She is a diabetic. I don't know what it would cost for Ozempic without insurance but I paid $499 out of pocket for Wegovy. (same drug, same dose, different name) Medicare doesn't usually cover weight loss drugs at all.

 

[Morbius]

Most people who aren't us seem to think that weight loss drugs are sketchier than getting a boob job.