Obesity drugs for elderly Americans seen costing Medicare $35 billion

Quick Summary:

Giving older Americans access to weight-loss medicines through the US Medicare program would cost $35 billion over nine years, according to a congressional analysis.

Lilly and Novo didn’t immediately respond to a request for comment.Lilly shares rose 1.7 percent as of 3:37 p.m.in New York.

Over time, though, the drugs’ prices are expected to fall, while savings from averted medical costs would accumulate.

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Article Details

Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: Philippines

Topics: Weight-loss Drugs Analysis Costs Medicare Billion Program According Coverage Lilly Cost

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 16:02:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23120687

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 38 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 18 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #37

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