Biden's Plan Expands Medicare, Medicaid to Cover Anti-Obesity Drugs

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Source: CNN
Biden's Plan Expands Medicare, Medicaid to Cover Anti-Obesity Drugs
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TL;DR Summary

The Biden administration has proposed expanding Medicare and Medicaid coverage to include costly anti-obesity drugs, potentially benefiting 7.4 million Americans. This move could significantly reduce out-of-pocket expenses for some Medicare beneficiaries, though the proposal's details and its future under the incoming Trump administration remain uncertain. The high cost of these drugs, such as Wegovy, has limited access, and the expansion could increase Medicare costs by billions annually. Currently, only a few states and job-based insurance plans cover these medications.

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