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Cigna Aims to Broaden Obesity Drug Coverage With Financial Guarantees.

Authors :
Tozzi, John
Source :
Bloomberg.com; 3/7/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Cigna Group has partnered with obesity drug manufacturers Eli Lilly & Co. and Novo Nordisk A/S to expand coverage for weight-loss medications. The agreements aim to limit the amount that employer-sponsored health plans have to pay for these drugs, which have seen a surge in demand. Cigna's program will cap spending increases for these medications at a maximum of 15% annually, providing employers with financial guarantees and potentially increasing access to these treatments. The company's pharmacy benefits manager, Express Scripts, will assume the risk associated with these guarantees. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
175916325