Trump administration denies Medicare obesity drug coverage
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Costco members can already access the drug online and have the option to pick it up in-store or have it shipped to their home for an additional cost.

WASHINGTON D.C., DC — Costco now carries medications like Ozempic and Wegovy at a fraction of the cost after partnering with healthcare company Novo Nordisk.

Both medications are used for weight loss, but oftentimes are not covered by insurance. Costco members with the Member Prescription Program can buy a month supply of the medications for $499 if they have a prescription. 

Costco members can already access the drug online and have the option to pick it up in-store or have it shipped to their home for an additional cost. Customers do not need insurance to buy the medications from Costco, according to NBC News. 

“Our collaboration with Costco is another step forward by Novo Nordisk in making real Wegovy and Ozempic easier to access and afford — right where people already shop,” David Moore, president of Novo Nordisk U.S, told PEOPLE. 

Ozempic’s website says the drug will “improve blood sugar (glucose) in adults with type 2 diabetes” alongside diet and exercise, and will “reduce the risk of major cardiovascular events such as heart attack, stroke, or death in adults with type 2 diabetes with known heart disease.”

Both drugs have the same main ingredient, Semaglutide, but differ in dosage. Wegovy is designed for chronic weight management while Ozempic is meant to treat type 2 diabetes. 

The U.S. Food and Drug Administration says a yearslong shortage of the name brand prescription medication, which was caused by it soaring in popularity globally due to the amount of weight people lose while taking the injections, ended earlier this year. 

Many who take the drug are paying for it out of pocket, either partially or completely, but insurance coverage is slowly increasing. 

Benefits consultant Mercer says more businesses with 500 or more employees are adding coverage of the injected drugs for their workers and family members.

But most state and federally funded Medicaid programs don’t cover the drugs for obesity and neither does Medicare, the federal program mainly for people age 65 and older.

Even the plans that cover the drugs often pay only a portion of the bill, exposing patients to hundreds of dollars in monthly costs, Dr. Beverly Tchang told the Associated Press.

A month supply of Wegovy not from Costco can cost up to $1,350 without insurance or discounts, according to GoodRx. 

Novo Nordisk says Wegovy has about 200,000 weekly prescriptions in the U.S., where it brought in nearly $1.9 billion in first-quarter sales.

The Associated Press contributed to this report. 

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