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Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says
Bank of America spends $250 million annually on GLP-1 drugs for its employees, according to the CEO. Employers face challenges due to rising demand for costly GLP-1 medications like Ozempic and Wegovy.
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Adjacent reporting
- Ozempic nation: America’s GLP-1 use nearly quadruples in just two years
- Why cutting GLP-1 benefits could be a costly mistake for companies
- This CEO wants to cover weight loss drugs for employees. They're just too expensive.
- Lilly’s GLP-1 medications will soon be covered by CVS, potentially opening access for millions of Americans
- STAT+: Pharmalittle: We’re reading about employer coverage of obesity drugs, another Sanofi setback, and more
- Compounded GLP-1 drugs creating concern among doctors and FDA