GLP-1

Medicare Part D GLP-1 Spend by Brand

Annual Medicare Part D spend on GLP-1 drugs by brand. Medicare covers GLP-1 only for non-obesity indications (T2D, CV, CKD, OSA), so label expansions drive the curve.
Updated at 2026-05-22

CMS Medicare GLP-1 Bridge Program

CMS Medicare GLP-1 Bridge: a $50/month copay for eligible cardiovascular patients, July 2026 to Dec 2027, with the eligibility pool narrowing from 51.5M to about 3.9M.
Eligibility funnel (millions of US Medicare beneficiaries)
All Medicare beneficiaries (Part D enrolled)
51.5M
With obesity or overweight (BMI 27+)
22.6M
With covered cardiovascular indication (post-MI, stroke, established CVD)
12.4M
Eligible for GLP-1 Bridge (active CV + GLP-1 candidate)
7.8M
Projected uptake at full enrollment (~50% of eligible)
3.9M
Program milestones
2025-01
Policy
Semaglutide selected for IRA negotiation (effective 2027)
2025-08
Policy
BALANCE Model proposed (later indefinitely delayed)
2026-04
Implementation
CMS finalizes Bridge program structure
2026-07
Live
Bridge launches: $50/month copay
2027-01
Policy
IRA semaglutide negotiated price effective
2027-12
Sunset
Bridge program scheduled end date
Updated at 2026-05-22

State Medicaid Coverage of GLP-1 for Obesity

State-by-state status as of May 2026. Roughly 8 states cover semaglutide and tirzepatide for obesity under standard Medicaid; about 9 states have partial or pilot programs; the majority cover only T2D, CV, CKD, and OSA. T2D coverage is essentially universal.
Full obesity coverage
8 states

Covers semaglutide 2.4mg (Wegovy) and/or tirzepatide for obesity with prior authorization. Approximate count; specific PDLs vary.

CaliforniaMassachusettsPennsylvaniaMinnesotaVirginiaDelawareRhode IslandNew York
Partial / pilot coverage
9 states

Coverage under specific managed-care plans, pilot programs, or with very strict prior authorization (e.g., BMI 40+ plus comorbidities).

North CarolinaMississippiMichiganMarylandNew HampshireWashingtonMontanaKansasVermont
T2D and CV indications only (no obesity)
33 states

Covers semaglutide and tirzepatide only for T2D, CV indication (post-March 2024 Wegovy CV approval), CKD (post-January 2025 sema CKD), and OSA (post-December 2024 Zepbound OSA). Obesity-alone indication excluded.

TexasFloridaOhioGeorgiaTennesseeAlabamaOklahomaArizona+ 25 more
Updated at May 2026

Large Employer Coverage of GLP-1 for Obesity

Share of large US employers (500+ employees, self-insured) covering GLP-1 for obesity. The 'no coverage' share dropped from 74% in 2022 to ~42% in 2026; the 'with criteria' (prior auth, BMI thresholds, step therapy) share is the largest growth category.
Updated at 2026-05-22

Cash-Pay Pricing by Channel

Approximate monthly cash-pay GLP-1 price by channel (LillyDirect, NovoCare, telehealth, compounding). Direct-manufacturer vials introduced sub-$500 pricing in 2024.
Updated at 2026-05-22

PBM Formulary Tier Placement by Year

Approximate formulary tier placement for major GLP-1 brands at the three largest US PBMs, 2022-2026, with step-therapy and prior-auth modifiers noted.
PBMMolecule20222023202420252026
CVS CaremarkOzempicTier 2 + STTier 2 + STTier 2 + STTier 2 + STTier 2 + ST
CVS CaremarkWegovyExcludedTier 3 + PATier 3 + PATier 2 (preferred for obesity)Tier 2 (preferred for obesity)
CVS CaremarkMounjaroTier 3 + PATier 2 + STTier 2 + STTier 2 + STTier 2 + ST
CVS CaremarkZepboundN/AN/ATier 3 + PATier 3 + PA (some employers)Tier 3 + PA (most plans)
CVS CaremarkRybelsusN/AN/AN/AN/AN/A
Express ScriptsOzempicTier 2 + STN/ATier 2 + STN/ATier 2 + ST
Express ScriptsWegovyN/AN/ATier 3 + PA + BMITier 3 + PA + BMITier 3 + PA + BMI
Express ScriptsMounjaroN/AN/ATier 2 + STN/ATier 2 + ST
Express ScriptsZepboundN/AN/ATier 3 + PA + BMITier 3 + PA + BMITier 3 + PA + BMI
Express ScriptsRybelsusN/AN/AN/AN/AN/A
OptumRxOzempicN/AN/ATier 2 + STN/ATier 2 + ST
OptumRxWegovyN/AN/ATier 3 + PATier 2 (preferred obesity)Tier 2 (preferred obesity)
OptumRxMounjaroN/AN/ATier 2 + STN/ATier 2 + ST
OptumRxZepboundN/AN/ATier 3 + PATier 3 + PA + STTier 3 + PA + ST
OptumRxRybelsusN/AN/AN/AN/AN/A
Updated at 2026-05-22

International Pricing: Wegovy (semaglutide 2.4mg)

Approximate monthly cost (USD) of Wegovy (semaglutide 2.4mg) across major markets. The US list price (~$1,349) is the global outlier.
Updated at 2026-05-22

IRA-Negotiated Prices vs Prior List

IRA-negotiated Medicare maximum fair prices vs prior list for the semaglutide family (Ozempic, Wegovy, Rybelsus), about 68 to 70% lower, effective Jan 1, 2027.
Updated at 2026-05-22

Ask Sterling

Register for a premium account to gain access to Sterling AI.

Get Started

Things you can ask Sterling:

Summarize Tesla's latest earnings reportWhy did NVIDIA's margins expand?Compare Apple vs Microsoft's cash flowWhat's driving the EV sector growth?
GLP-1 - Access | Sterling