Agenda-setting intelligence, analysis and advice for the global fashion community.

Employers Look to Telehealth Firms to Decrease the Costs of Weight-Loss Shots

As uptake of GLP-1 increases among the general public, American employers are looking to find cheaper ways of offering weight-loss medications.

Ozempic — As more people flock to GLP-1 drugs for weight loss, employers who cover them are suffering from sticker shock. (Shutterstock)

Bloomberg

29 October 2024

BoF PROFESSIONAL

Telehealth companies Hims & Hers Health Inc., Noom Inc. and Sesame Inc. have lured individual customers with low-cost versions of popular weight-loss shots like Ozempic and Wegovy. Now, they’re going after employers, too, as the medications become an in-demand perk.

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Wellness Wants in on the Ozempic Economy

From supplements to workout plans, the term GLP-1, the hormone associated with Ozempic, is popping up on a widespread range of new products as wellness brands join in on the weight loss drug boom.

Ozempic ‘Very Likely’ to Face Drug Price Negotiations, Novo Says

The US Centers for Medicare and Medicaid Services will announce the next set of 15 retail prescription drugs selected for negotiation by February 1, 2025.

Sanders Targets ‘Unacceptable’ Price of Weight-Loss Drugs Ozempic and Wegovy

Americans paid 10 times more for Ozempic than patients in the United Kingdom in 2023. That wild discrepancy has captured the attention of one of the drug industry’s loudest critics, the US senator Bernie Sanders.

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