At a White House event Thursday, President Trump announced deals with drug makers Novo Nordisk and Eli Lilly to offer their popular GLP-1 obesity and diabetes drugs at lower prices for some Americans, namely some on Medicare and Medicaid plans. But questions linger about the significance of the deal.
According to the announcement, Medicare and state Medicaid programs will be able to purchase a month’s supply of Ozempic, Wegovy, Mounjaro, and Zepbound at $245 each for eligible patients. Eligible people on Medicare will have a $50 co-pay for them.
The negotiated price is a significant cut from the drugs’ list prices: The list price for Ozempic is $997; Wegovy is $1,350; Mounjaro is $1,080; and Zepbound is $1,086. But, of course, purchasers rarely pay drug list prices. It’s unclear how much Medicare and Medicaid would have paid for the drugs without this deal and what the savings will be.
This post brings up an interesting topic regarding healthcare and pricing. It’s always important to stay informed about developments like these, especially when they can impact many lives. Looking forward to seeing how this unfolds!
consider how pricing affects accessibility for patients. Additionally, it will be interesting to see how these deals impact the broader pharmaceutical market and whether other companies will follow suit in reducing prices.