A 0.25 mg injection pen of Novo Nordisk's weight-loss drug Wegovy is shown in this photo illustration in Oslo, Norway, August31, 2023.
The survey of 502 employers by Accolade (ACCD.O), a company that provides healthcare programs for employers, and research firm Savanta said 43% of the employers it polled could cover GLP-1 drugs in 2024 compared to 25% that cover them now.
Nearly all the companies that are covering GLP-1 drugs plan to keep covering them next year, according to the survey.
Employers that cover weight-loss drugs are facing a spike in their healthcare costs because of the growing popularity of Wegovy.
Benefits consultant Aon (AON.N) said 1 percentage point of the 8.5% increase in employer healthcare costs it predicted for next year would be driven by employee take-up of weight-loss drugs.
Persons:
Victoria Klesty, Savanta, James Wantuck, Ozempic, Eli Lilly's, Leroy Leo, Shinjini
Organizations:
REUTERS, Novo Nordisk, Accolade, Employers, Novo, Novo Nordisk's Wegovy, Thomson
Locations:
Oslo, Norway, August31, Victoria, Novo, Novo Nordisk's, United States, Bengaluru