If The Price Of Weight Loss Drugs Fall Would You Take It?

Wegovy and Zepbound, which both sell for a list price of more than $1,000 a month, have long been out of reach for people without insurance or whose insurance refused to cover them. Among adults who take the medications, about half say it’s difficult to afford the cost, according to a May 2024 survey by the health policy group KFF. Over the past several months, however, drugmakers Novo Nordisk and Eli Lilly have introduced lower-cost options. There are some caveats — people must pay out of pocket, or the medication is sold in a vial rather than a prefilled injector pen — but doctors and patients say the changes are long overdue.

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In March, Novo Nordisk cut the price of all doses of Wegovy by 23% for people paying in cash, dropping it from $650 to $499 per month for uninsured patients or those without coverage. (The list price of $1,349 stayed the same.) It follows a similar move from Eli Lilly, which reduced Zepbound’s starter dose to $349 and higher doses to $499 through its self-pay program, Lilly Direct. The discounted doses require patients to manually draw the medication from a vial with a syringe, adding an extra step compared to the prefilled injector pens. Experts point to several forces driving the falling prices: mounting pressure from the public and Congress on drugmakers’ pricing practices; competition from pharmacies, med spas and weight loss clinics offering cheaper compounded versions of the drugs — although many of those are expected to be phased out this month; and the Food and Drug Administration’s recent approval of a generic version of Victoza, an older GLP-1 medication that can start at a cost of around $350 for a month’s supply. The generic, called liraglutide, is taken daily, unlike Wegovy and Zepbound, which are taken weekly.

Source: NBC News