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8.56650283230438E-05 -0.00039620075599388 -0.000492573912857167 0.000192746313726818 -0.000605009262531124 -0.00170259243791954 -0.00148307580284193 0.00013920567102487
Stock impact report

Trump's Obesity Drug Plan for Medicare Would Cost Insurers Billions [Yahoo! Finance]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Yahoo! Finance
The Trump administration has argued that the lower prices it negotiated with drugmakers last year would offset the cost of adding coverage for millions of new patients. The plan will “expand access and lower prices for obesity GLP-1 medication without passing the bill to taxpayers,” Mehmet Oz, director of the Centers for Medicare and Medicaid Services, said in a video promoting the plan. But a new analysis undercuts that claim. Savings of more than $900 million during the program's first year would only cover the costs for an estimated 4.4% of the patients who would become newly eligible for the drugs, according to researchers led by Vanderbilt University Professor of Health Policy Stacie Dusetzina. The findings published in the Journal of the American Medical Association come ahead of a crucial April 20 deadline for health insurers to decide whether they will join the optional program next year. The Trump administration has said it won't proceed with the plan unless insurers cov Show less Read more
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