Connect with us

Health

New weight-loss drugs could strain Medicare, policy experts warn

New weight-loss drugs could strain Medicare, policy experts warn

 


T.The emergence of he is very effective obesity medicine has spurred a new effort to make Medicare pay for weight-loss drugs, but a group of health policy experts are cautioning.

Even a small amount of use will likely cost Medicare a lot and, in the long run, federal insurance companies will likely increase premiums, researchers say. perspective piece New England Journal of Medicine Saturday.

Chronic medications may have fewer benefits and higher risks for the elderly, a population served by Medicare, they write.

Novo Nordisk’s Wegovy is the latest obesity drug approved in the US, and several companies are racing to develop products as well. As the drug became more popular, a bill was introduced to expand Medicare’s coverage of obesity drugs. gain momentumpharmaceutical companies, health groups, the NAACP, and members of Congress from both parties.

But “there are many reasons for caution, and many questions remain,” says Christa Beig, lead author of the paper and a doctorate in health policy. She is a student at Vanderbilt University. She said, “It would be really prudent for Congress and CMS to weigh the trade-offs and conduct a more thorough analysis of the potential impact of such a large-scale law.”

In the United States, 42% of adults age 60 and older have Estimate become obese. According to the paper, Wegovy’s net annual value is about $13,600, and if the group has 10% of his utilization, it would cost Medicare $27 billion annually. This represents 18% of his insurer’s spending on Part D (prescription drug benefits) in 2019, the most recent year for which data are available.

The researchers then considered a more conservative calculation. Medicare’s claims show that 21% of her beneficiaries have a reported diagnosis of obesity. Even with 10% utilization, that group would cost him about $14 billion a year, or 9% of his Part D spending, researchers say.

According to the researchers, in a hypothetical scenario of 100% intake by all obese older adults, the costs would exceed the total Part D budget and the total excess medical costs associated with obesity.

These numbers are close to estimates given when Biogen’s Alzheimer’s drug Aduhelm was first approved. According to STAT, if his 10% of seniors with Alzheimer’s took his Aduhelm at the original price, it would cost Medicare about $34 billion. analysis.

In the case of obesity drugs, the financial impact stems from the sheer high cost, huge population, and the need to use the drug chronically, says co-author Stacey, professor of health policy at Vanderbilt University. Dussetsina said. University Medical Center. And unlike his Aduhelm, whose efficacy is controversial, anti-obesity drugs face enormous demand as they have shown high efficacy in multiple trials.

“This study raises a very important question about the cost of these drugs,” said Juliet Kubansky, associate director of the Medicare Policy Program at the KFF, a nonprofit that analyzes health policy. says. Drugs “can pose real financial challenges to beneficiaries in the form of Medicare programs, and insurance premiums and taxpayers.”

Researchers’ concerns are in line with those of other experts. The Institute for Clinical and Economic Review, a nonprofit organization that evaluates the cost-effectiveness of medicines, Alert Last fall, it warned that the healthcare system was at risk of facing serious Wegovy restrictions.

According to ICER’s analysis, as soon as 0.1% of the target population takes Wegovy for five years, insurers and government payers may have to move funds or raise premiums.

The authors of the NEJM paper also say there is a need to better assess the benefits and risks of these drugs in older adults.

The hope for these drugs is that they help prevent downstream complications from obesity, such as diabetes and heart disease. lead author Baig said.

Older people may also experience greater risk. Medications have gastrointestinal side effects, such as nausea and diarrhea, which can affect older people more severely. Importantly, people lose muscle mass as well as fat mass, which can make older people more frail, researchers said.

John Battis, a geriatrician who treats obese and frail older adults at UNC-Chapel Hill, said the drug was “promising” but needed more data on its effects on older people. . In Wegovy’s clinical trial, 8.8% of those treated were between the ages of 65 and 75, and only 0.9% were over 75. label.

Batsis said weight loss in obese older adults can improve cardiovascular health and physical function, but is concerned about loss of muscle mass and strength. , he said, if you’re losing weight without doing resistance exercise, you risk being more susceptible to stressors and making your daily activities difficult.

Chris Gallagher, a policy consultant for the Obesity Action Coalition, a group that promotes coverage, said it was important for Medicare to pay for the drug because private plans often follow federal insurance companies. “Medicare is often viewed as the gold standard for coverage. It gives you the freedom to say,” he said.

In addition, many pharmaceutical companies are developing obesity drugs that could help bring down prices over time, Gallagher said. As time goes on, prices will drop and all obesity drugs will become more widely available to all people across the country.”

STAT coverage of chronic health problems Bloomberg philanthropy. our financial backer We are not involved in any decisions regarding our journalism.

Sources

1/ https://Google.com/

2/ https://www.statnews.com/2023/03/11/new-weight-loss-drugs-wegovy-medicare/

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]