Insurers to Cover Novo's Wegovy for Some Medicare Heart Patients [BNN Bloomberg (Canada)]
CVS Health Corporation (CVS)
Last cvs health corporation earnings: 2/12 06:45 am
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Source: BNN Bloomberg
CVS Health Corp.'s Aetna insurance unit, Elevance Health Inc., and nonprofit insurer Kaiser Permanente said in statements that they would cover Wegovy for reducing the risk of heart attacks and strokes. Private health-care plans had previously resisted reimbursing GLP-1 drugs like Wegovy and Eli Lilly & Co.'s Zepbound because of their costs that can run upwards of $1,000 a month. The decision by major health plans to cover the drugs follows the publication of research that shows the drugs' heart benefits, and could prompt other insurers to follow suit. The news was first reported by the Wall Street Journal. The decision to cover the drugs comes a week after the Centers for Medicare and Medicaid Services instructed Medicare prescription drug benefit plans that anti-obesity medications that have received approval for additional uses can be covered when prescribed to lower risks of heart disease and stroke. A study last year found that obese or overweight people with a history of
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