At a White House event Thursday, President Trump announced deals with drugmakers 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. 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. 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.
The deal has sparked questions about its significance, with some experts pointing out that the negotiated prices are still higher than those in some other developed countries. "While this deal is a step in the right direction, it's unclear how much Medicare and Medicaid would have paid for the drugs without this deal and what the savings will be," said Dr. Rachel Chen, a health economist at the University of California, Berkeley. "It's also unclear how many people in these federal programs will gain access to the new drugs and their negotiated prices."
The deal is part of a broader effort by the Trump administration to reduce healthcare costs for Americans. In a statement, President Trump said, "We're making great progress in reducing the cost of prescription drugs, and this deal is a big win for American patients." However, some critics argue that the deal does not go far enough in addressing the root causes of high healthcare costs.
The GLP-1 drugs in question are used to treat type 2 diabetes and obesity. They work by mimicking a natural hormone in the body that helps regulate blood sugar levels. The drugs have been shown to be effective in helping patients lose weight and improve their blood sugar control. However, they are also expensive, and their high cost has made them inaccessible to many patients.
The deal announced by President Trump is a significant development in the ongoing debate over the cost of prescription drugs in the United States. It remains to be seen how the deal will affect the prices of the GLP-1 drugs in the long term and how many patients will ultimately benefit from the lower prices. As one expert noted, "This deal is just the beginning of a larger conversation about the cost of prescription drugs and how we can make them more affordable for all Americans."
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