Why Are Weight Loss Shots So Expensive?
Injectable weight loss medications like Wegovy and Zepbound are game-changers for weight loss - but their price tags can cause sticker shock. Without insurance, these medications can cost over $1,000 monthly. Here's what you need to know about the costs and how to make them more affordable.
Key factors driving high costs:
Drug development costs nearly $1 billion per medication (2)
Middlemen (Pharmacy Benefits Managers) increase prices along the supply chain
Limited competition in the current market
Your cost-saving options:
Check insurance coverage - some plans offer these for as low as $25/month
Look for discount coupons on GoodRX
Ask about direct pharmacy programs that bypass middlemen
Discuss cheaper alternatives with your doctor, like oral medications
Consider requesting coverage through your employer's HR department
Looking ahead: Generic versions of older medications like Saxenda may arrive by 2026. While newer options like Wegovy will take longer to see generics, more weight loss medications are in development. This increased competition could help drive down prices.
Remember: Don't let high costs discourage you. Many patients find affordable options by exploring different coverage and discount programs. Your health is worth the effort to find a solution that works for your budget.
Good luck,
Dr. Leon Katz
Sources:
1)Estimated Research and Development Investment Needed to Bring a New Medicine to Market, 2009-2018. Olivier J Wouters et al. JAMA 2020 Mar 3;323(9):844-853. https://pubmed.ncbi.nlm.nih.gov/32125404/
This blog is meant for informational purposes. Please discuss this with your healthcare provider for your safety.