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22 hours ago
(NewsNation) — Some U.S. employers say they plan to stop covering GLP-1 drugs for weight loss next year, according to a recent report.
The report from the Business Group on Health surveyed businesses and found that about 10% of employers that currently cover the drugs say they will not continue that coverage by 2027.
"Our findings show the tremendous concern employers have regarding these medications from a cost and financial viability perspective," Ellen Kelsay, president and CEO of Business Group on Health, said. "Against the backdrop of anticipated double-digit health care cost increases — fueled in large part by GLP-1s and overall prescription drug costs — companies cannot ignore the reality that GLP-1s have significant implications for health care budgets and overall affordability."
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One company has already made its decision to drop coverage of weight-loss drugs. According to Reuters, health insurer Cigna is ending coverage of the treatments starting in July and told its employees they could buy them elsewhere.