Access to weight loss drugs will save taxpayer money: Dr. Oz

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(NewsNation) — Medicare and Medicaid Administrator Dr. Mehmet Oz said Thursday that discounted weight-loss drugs volition prevention American taxpayers wealth wrong 2 years, claiming the woody addresses obesity-related conditions that thrust much than a 4th of full wellness attraction costs.

"We volition actually, wrong 2 years from erstwhile that ink dried successful the Oval Office contiguous ... prevention the American payer wealth for the archetypal time, possibly connected wellness care," Oz told NewsNation's "CUOMO."

The Trump medication reached agreements with Novo Nordisk and Eli Lilly nether its Most Favored Nation argumentation to merchantability GLP-1 products astatine reduced prices.

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Injectable versions volition cost $245 monthly for Medicare and Medicaid patients, portion oral formulations volition commencement astatine $149 per month.

Oz defended prioritizing obesity medications, arguing they volition trim downstream costs from diabetes, hypertension, bosom attacks and different conditions.

He said the drugs person been chiefly disposable to affluent Americans, citing the Upper East Side of Manhattan arsenic having the highest medicine rate.

"Vulnerable populations who died disproportionately from obesity due to the fact that their nutrient is unspeakable ... endure unnecessarily due to the fact that they don't get entree to the drug," Oz said.

The deals people the 4th Most Favored Nation agreement nether the administration's pharmaceutical pricing initiative. Senior officials estimation astir 10 percent of Medicare beneficiaries volition suffice for expanded GLP-1 access.

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Oz acknowledged obesity isn't "a deficiency of GLP drugs" but called reducing costs of the drugs "a belt-and-suspenders approach," saying the medication is besides changing nutrient entree done SNAP waivers and Medicare Advantage plans.

The discounted prices are abstracted from Medicare's Drug Price Negotiation Program, which selected Novo Nordisk's Ozempic earlier this year.

Administration officials did not explicate however Medicare would screen drugs presently indicated lone for diabetes and obesity, fixed ineligible restrictions connected obesity medicine coverage.

NewsNation spouse The Hill contributed to this report.

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