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Medicare will begin covering Wegovy and Zepbound for weight loss at $50 per month for older adults in July. The agency has not disclosed the projected cost to taxpayers.
fastcompany.comMedicare announced that older adults will be able to obtain Wegovy and Zepbound for weight loss at a cost of $50 per month beginning in July. The agency has been advertising the coverage option but has not released estimates of the total expense to taxpayers, who will cover most of the cost.
Background on the Coverage Change Medicare previously limited coverage of the drugs to specific medical conditions. The new policy expands access for weight-loss treatment alone. The agency has not responded to repeated inquiries about projected spending under the expanded benefit.
In a separate development, Massachusetts filed a lawsuit against UnitedHealth alleging fraud in the state's Medicaid plans for seniors. The complaint centers on billing practices within those plans.
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chicago.suntimes.comThe Centers for Disease Control and Prevention confirmed 1,645 cases of cyclosporiasis across 34 states as of July 14. Federal investigators traced potential contamination to iceberg lettuce from Taylor Farms supplied to Taco Bell locations in five states.
cnbc.comNick Parker will succeed Jay Puri, who is retiring after 21 years. Parker receives a compensation package that includes $40 million in stock awards, a $5 million signing bonus and a $1 million base salary.
forbes.comThe investment will fund a new manufacturing site expected to create 450 jobs and expand training programs. It comes amid broader efforts by companies to address shortages in skilled trades for shipbuilding and other sectors.