Reported about 19 hours ago
An increasing number of large employers are covering GLP-1 medications for weight loss, leading to unexpected budget strains as more employees utilize this benefit. According to a recent survey, the proportion of large firms offering coverage for these drugs rose significantly, but many are now reconsidering their policies due to soaring costs. The list price for drugs like Wegovy can be upwards of $1,350 monthly, and nearly 60% of large employers reported usage exceeding expectations. As healthcare expenses continue to rise, including premiums for insurance plans, employers are left to navigate potentially limiting drug coverage or facing higher costs.
Source: YAHOO