The Biden administration is proposing Medicare and Medicaid coverage for weight loss drugs Wegovy and Zepbound, potentially costing $35 billion over a decade. Amgen’s obesity drug, MariTide, showed promising results with 20% weight loss in a Phase 2 study, leading to questions about its competitiveness. The results suggest MariTide could outperform other drugs like Wegovy and Zepbound. Expectations are high for a Phase 3 study of MariTide. Overall, the proposal aims to reduce out-of-pocket costs for prescription drugs and extend coverage to millions of older adults. The administration’s plan could go into effect in 2026, with potential benefits for enrollees.
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