Weight-loss medication coverage is a pressing issue in the benefits space, surrounded by controversy and barriers including high costs, misconceptions, medication shortages, medication adherence issues, and more. But with more medications on the horizon, and an increase in the number of health issues these medications can treat, we’ve only met the tip of the weight-loss medication iceberg. And with 67% of employees willing to stay in a job they dislike solely for the weight-loss medication coverage, it’s not a matter of if, but when + HOW many employers will include weight-loss medications in their coverage.
Balancing care and cost comes down to a few things:
1. Make sure you have a really good behavioral-change program – it will help with adherence, longevity, and quality of life.
2. Personalization is key, especially with weight loss – engagement, clinical success, and adherence all rely on an individualized approach.
3. Qualified experts and comprehensive care matters – there are providers who have additional training specifically in obesity medicine (side effects, dosing, a holistic approach, etc.) and can provide better, safer care.
4. Take a bird's eye view of medication cost – in addition to reducing obesity-related disease, some of these medications have been shown to directly address heart health, kidney health, etc. ultimately reducing other medication costs.
This list isn’t by any means inclusive, but it’s a few top checklist items when looking at a weight-loss medication benefit strategy. It’s a bit of the Wild West out there, but with the right strategy, employers can help improve the health of their people while being financially responsible.
Product Innovation Leader
2wI’m in NYC for work, too, but not at this conference.