4 ms·
The cost of 10k per year is very likely to drop over time, especially if there's a huge roll out for millions of people. I think statistics calculations will sh
by rthnbgrredf 2y ago
The cost of 10k per year is very likely to drop over time, especially if there's a huge roll out for millions of people. I think statistics calculations will show a net positive effect in terms of long term health care savings, unless Wegovy has serious side-effects that counter the benefits.
- ceejayoz 2y agoMedicare is also now allowed to negotiate prices. I fully expect this one to be on the list ASAP.
- refurb 2y agoMedicare (the government part) wouldn't pay directly for Wegovy since it's an out-patient drug. That would be Medicare Part D, which is managed by private insurers who can negotiate.
- ceejayoz 2y agoNah. Drugs covered by Part D are precisely what they got the right to step in for. https://www.cms.gov/files/document/fact-sheet-medicare-selected-drug-negotiation-list-ipay-2026.pdf https://www.cms.gov/files/document/fact-sheet-medicare-selec... > For the first time, the law provides Medicare the ability to directly negotiate the prices of certain high expenditure, single source drugs without generic or biosimilar competition. Below is the list of 10 drugs covered under Medicare Part D selected for negotiation for initial price applicability year 2026, based on total gross covered prescription drug costs under Medicare Part D and other criteria as required by the law. https://www.medicare.gov/about-us/prescription-drug-law https://www.medicare.gov/about-us/prescription-drug-law > For the first time, Medicare will be able to negotiate directly with manufacturers for the price of certain high-spending brand-name Medicare Part B and Part D drugs that don’t have competition.
- maxerickson 2y agoThat the private operators of part D were always free to negotiate prices is most of the point.
- ceejayoz 2y agoWith substantially less market power than "the Federal government on behalf of all of Medicare", and with the knowledge that the Feds will bail them out when costs are high. https://www.kff.org/affordable-care-act/press-release/3-charts-about-medicare-drug-price-negotiations/ https://www.kff.org/affordable-care-act/press-release/3-char... > The Congressional Budget Office has estimated that negotiated prices will reduce Medicare spending on drugs subject to negotiation, translating into nearly $100 billion in federal savings between 2026 and 2031.
- refurb 2y agoPart D expansion has come in way under estimated costs which is a massive shocker for a federal program.
- refurb 2y agoThat was my exact point.