GLP-1 Cost Statistics (2026)

Updated July 2026

The short answer

Semaglutide is the most expensive drug in Medicare Part D. Ozempic, Rybelsus and Wegovy together cost Part D $15.16 billion in 2024 across 2,282,000 enrollees, more than any other drug in the price negotiation program. CMS negotiated the 30-day price down to $274 from a $959 list price, a 71% cut that takes effect on 1 January 2027. Outside Medicare, Novo Nordisk sells Wegovy direct for $349 a month and Eli Lilly lists Zepbound self-pay at $499 to $699 depending on dose. About 12% of US adults say they are currently taking a GLP-1, double the 6% who said so eighteen months earlier, and 56% of users say the drugs were difficult to afford.

$274
Medicare negotiated price
30-day supply, semaglutide, from 1 Jan 2027
$959
List price it replaces
30-day WAC, CY2024
71%
Discount
largest-spend drug in the program
$15.16B
Part D spend, 2024
Ozempic, Rybelsus and Wegovy combined
2,282,000
Part D enrollees using it
CY2024
12%
Adults currently taking a GLP-1
KFF poll, Oct-Nov 2025
56%
Users who found it hard to afford
55% even among the insured
43%
Largest employers covering for weight loss
5,000+ workers, up from 28%
Key takeaways
  • Semaglutide is the single largest drug expense in Medicare Part D. Ozempic, Rybelsus and Wegovy together accounted for $15.16 billion of gross covered Part D costs in 2024 across 2,282,000 enrollees, the highest of any of the 15 drugs selected for the second negotiation cycle (CMS).
  • CMS negotiated the 30-day price to $274 from $959, a 71% discount effective 1 January 2027. Per package that is $276.78 for a 4 mg/3 mL Ozempic pen, $276.78 for 30 Rybelsus 7 mg tablets and $385.63 for four 2.4 mg Wegovy pens (CMS).
  • The 15 negotiated drugs together cost Part D $42.5 billion in 2024, about 15% of all Part D gross covered drug costs, and enrollees paid $1.7 billion out of pocket for them (CMS).
  • Manufacturers now sell direct at far below list. Novo Nordisk prices Wegovy at $349 a month through NovoCare after an introductory $199, and Eli Lilly's published self-pay prices for Zepbound run $499 to $699 a month depending on dose (NovoCare, LillyDirect).
  • Use roughly doubled in eighteen months. 12% of adults said they were currently taking a GLP-1 in KFF's October to November 2025 poll, against 6% in May 2024, and 18% have ever taken one, against 12% (KFF).
  • Employer coverage is concentrated at the top and is straining. 43% of firms with 5,000 or more workers cover GLP-1s primarily for weight loss, up from 28% a year earlier, and 66% of those firms say it had a significant impact on prescription drug spending (KFF Employer Health Benefits Survey 2025).

Semaglutide is the largest drug expense in Medicare

Of the 15 drugs CMS selected for the second cycle of Medicare price negotiation, semaglutide is the biggest by a wide margin. Ozempic, Rybelsus and Wegovy together accounted for $15.16 billion of gross covered Part D prescription drug costs in 2024. The next largest, Trelegy Ellipta, cost $5.3 billion, less than a third as much.

2,282,000 Medicare Part D enrollees were dispensed one of the three in 2024. Only Trelegy Ellipta came close on user count, at 1,269,000.

The 15 drugs together accounted for $42.5 billion, about 15% of all Part D gross covered drug costs in 2024. Semaglutide alone was more than a third of that.

The 15 negotiated drugs by Medicare Part D spending

Total Part D gross covered prescription drug costs, CY2024, in $ billions. Source: CMS negotiated prices fact sheet for initial price applicability year 2027.

Every drug in the 2027 Medicare negotiation, by list price and negotiated price
DrugCompanyNegotiated 30-day price2024 list priceDiscountPart D spend 2024Enrollees
Ozempic; Rybelsus; WegovyNovo Nordisk$274$95971%$15.16B2,282,000
Trelegy ElliptaGlaxoSmithKline$175$65473%$5.30B1,269,000
XtandiAstellas$7,004$13,48048%$3.40B35,000
PomalystBristol-Myers Squibb$8,650$21,74460%$2.15B14,000
OfevBoehringer Ingelheim$6,350$12,62250%$2.09B24,000
IbrancePfizer$7,871$15,74150%$2.04B16,000
LinzessAbbVie$136$53975%$1.98B632,000
CalquenceAstraZeneca$8,600$14,22840%$1.70B15,000
Austedo; Austedo XRTeva$4,093$6,62338%$1.68B27,000
Breo ElliptaGlaxoSmithKline$67$39783%$1.43B626,000
XifaxanSalix$1,000$2,69663%$1.16B105,000
VraylarAbbVie$770$1,37644%$1.14B118,000
TradjentaBoehringer Ingelheim$78$48884%$1.13B274,000
Janumet; Janumet XRMerck$80$52685%$1.07B239,000
Otezla; Otezla XRAmgen$1,650$4,72265%$1.05B31,000

List prices are 30-day wholesale acquisition costs based on CY2024 fills. Negotiated prices take effect 1 January 2027. Source: CMS, Negotiated Prices for Initial Price Applicability Year 2027

The negotiated price cuts it by 71%

CMS agreed a maximum fair price of $274 for a 30-day supply, against a 2024 list price of $959. That is a 71% discount, and it takes effect on 1 January 2027.

Two drugs in the same programme were cut harder in percentage terms: Janumet at 85% and Tradjenta at 84%, both older type 2 diabetes drugs with much smaller spend. Xtandi, at 48%, and Austedo, at 38%, were cut least.

The discount is measured against the wholesale acquisition cost, which is a list price rather than what any payer actually paid after rebates. CMS says the negotiated prices would have saved an estimated $12 billion in 2024 across all 15 drugs, or about 44% of net spending, falling to $8.5 billion and 36% once Coverage Gap Discount Program spending is counted.

What that means for people on Medicare

CMS projects that people enrolled in Medicare prescription drug coverage would save about $685 million in out-of-pocket costs in 2027 under the standard benefit design, across all 15 drugs.

In 2024, Part D enrollees paid $1.7 billion out of pocket for these 15 drugs. That figure is the one to watch, because it is what people actually handed over rather than what the programme spent.

Coverage is still not automatic. Medicare Part D has historically been barred from covering drugs used purely for weight loss, which is why the negotiated semaglutide price is framed around type 2 diabetes and cardiovascular indications rather than obesity alone.

The same drug has four different prices

A 30-day supply of semaglutide has at least four different prices depending on who is paying and how. The 2024 wholesale acquisition cost was $959. The Medicare negotiated price from 2027 is $274. Novo Nordisk's own self-pay price through NovoCare is $349, or $199 for the first two fills at the lowest doses.

Tirzepatide follows the same pattern. Eli Lilly's published LillyDirect self-pay prices are $499 a month for Zepbound 7.5 mg and $699 for 10 mg, 12.5 mg and 15 mg, with lower prices available through the manufacturer's own refill programme.

The gap between list and cash price is the clearest signal that the list price is a negotiating artefact rather than a real number. A patient with no insurance can buy direct from the manufacturer for roughly a third of the list price.

What a month of semaglutide or tirzepatide costs, by route

Medicare figure is the CY2027 negotiated 30-day price. Manufacturer figures are published self-pay prices. List price is the CY2024 30-day wholesale acquisition cost. Sources: CMS, NovoCare, LillyDirect.

Semaglutide negotiated price by package
NDC-11PackageNegotiated price per package
00169-4130-13Ozempic, 4 mg/3 mL pen, 1 pen$276.78
00169-4307-30Rybelsus, 7 mg, 30 tablets$276.78
00169-4524-14Wegovy, 2.4 mg/0.75 mL pen, 4 pens$385.63

Source: CMS, Negotiated Prices for Initial Price Applicability Year 2027

Manufacturer self-pay prices
ProductRoutePublished monthly price
Wegovy 0.25-2.4 mgNovoCare Pharmacy self-pay$349
Wegovy 0.25 mg & 0.5 mg, first 2 fillsNovoCare introductory offer$199
Wegovy HD 7.2 mgNovoCare Pharmacy self-pay$399
Zepbound 7.5 mgLillyDirect regular self-pay$499
Zepbound 10 mg, 12.5 mg, 15 mgLillyDirect regular self-pay$699
Zepbound single-dose penSavings card, commercial plan without coverageas low as $499

Manufacturer programmes carry eligibility conditions and can be changed or withdrawn at any time. A month is defined as 4 pens for Wegovy and 28 days for Zepbound. Source: NovoCare and LillyDirect published pricing

Manufacturer prices are not guarantees

Novo Nordisk states that it reserves the right to modify or cancel the Wegovy savings programme at any time, and the introductory $199 price is time-limited to fills through 31 December 2026.

Eli Lilly's savings card carries a cap on total savings and a limit of 13 prescription fills per calendar year, and the company reserves the right to terminate or amend eligibility without notice.

For a drug that may be taken for years, a price that can be withdrawn at the manufacturer's discretion is a different financial commitment from one set by a contract or a statute. That is the practical difference between a cash price and a negotiated one.

Use doubled in eighteen months

In KFF's May 2024 poll, 12% of adults said they had ever taken a GLP-1 and 6% said they were currently taking one. By the poll fielded 27 October to 2 November 2025, 18% had ever taken one and 12% were currently taking one.

Current use is highest among adults aged 50 to 64, at 22%, and lowest among those 65 and over, at 9%. Women report current use at 15% against 9% for men.

The 2024 poll also found that 43% of adults who had been told they had diabetes had taken one, along with a quarter of those told they had heart disease and 22% of those told they were overweight or obese in the past five years.

Who is taking them, and what it costs them
MeasureShare
Adults currently taking a GLP-112%
Adults who have ever taken one18%
Adults 50-64 currently taking one22%
Adults 65+ currently taking one9%
Women currently taking one15%
Men currently taking one9%
Users who say it was difficult to afford56%
Insured users who say it was difficult to afford55%
Insured users who paid the full cost themselves27%
Users who stopped because of cost14%

Source: KFF Health Tracking Poll, fielded 27 October to 2 November 2025

More than half of users say they could not easily afford them

56% of GLP-1 users told KFF the drugs were difficult to afford. Among users with insurance the figure was almost identical, at 55%, which is the finding that matters: having coverage did not solve the affordability problem for most people who had it.

27% of insured users said they paid the full cost themselves, meaning their plan covered nothing.

14% of users stopped taking them because of cost, and 13% stopped because of side effects. Cost was the larger reason people discontinued.

Employer coverage is a large-firm phenomenon

Among firms offering health benefits in 2025, 16% of those with 200 to 999 workers cover GLP-1s when used primarily for weight loss. That rises to 30% at 1,000 to 4,999 workers and 43% at 5,000 or more.

The largest firms moved fastest: 43% in 2025 against 28% in 2024.

34% of firms that do cover them attach conditions, requiring enrollees to meet a dietitian, case manager or therapist, or to take part in a lifestyle programme, before coverage applies.

Share of firms covering GLP-1s primarily for weight loss

Firms offering health benefits, 2025. Source: KFF 2025 Employer Health Benefits Survey.

Employer coverage and its effects, 2025
Measure1,000-4,999 workers5,000+ workers
Cover GLP-1s primarily for weight loss30%43%
Say use was higher than expected44%59%
Say it had a significant impact on drug spending43%66%

Among firms offering health benefits. 16% of firms with 200-999 workers cover them for weight loss. Only 1% of non-covering firms with 200+ workers say they are very likely to start within 12 months. Source: KFF 2025 Employer Health Benefits Survey

Employers were surprised by the bill

44% of covering firms with 1,000 to 4,999 workers, and 59% of those with 5,000 or more, said use of these medications for weight loss was higher than they expected.

43% and 66% respectively said covering them had a significant impact on the health plan's prescription drug spending.

KFF's own summary notes that discussions with individual employers suggest some have stopped covering these medications for weight loss, and that a few have tightened coverage even for people with diabetes.

Almost nobody is planning to start

Among firms with 200 or more workers that offer health benefits and do not currently cover GLP-1s for weight loss, only 1% say they are very likely to begin covering them within the next 12 months.

That figure is the strongest available signal about where employer coverage goes next. The expansion of the last two years was concentrated among the largest employers, and the firms that have not moved are not signalling that they intend to.

For an employee, the practical consequence is that coverage is a function of employer size and plan design rather than of medical need, and it can be withdrawn at renewal.

Why the cost question is this large

The CDC puts adult obesity prevalence at 41.9% during 2017 to March 2020, up from 30.5% in 1999-2000. Severe obesity rose from 4.7% to 9.2% over the same period.

That is more than 100 million adults with obesity and more than 22 million with severe obesity.

The CDC estimates obesity accounted for nearly $173 billion in medical expenditures in 2019 dollars, which is the number that makes both the coverage argument and the cost argument at the same time.

The arithmetic that worries payers

A drug taken indefinitely by a large share of a covered population is a different financial object from a drug taken briefly by a few people. That is the whole of the payer problem, and it explains why coverage decisions have moved as fast as they have in both directions.

At the 2024 list price of $959 a month, a year of treatment is roughly $11,500 per person. At the Medicare negotiated price of $274, it is about $3,300. At Novo Nordisk's $349 self-pay price, about $4,200.

The spread between those figures, on a population measured in millions, is the reason the negotiated price is the single most consequential number on this page.

What the negotiated price does not do

It applies to Medicare, not to commercial insurance or to people paying cash. An employer plan is unaffected by it.

It takes effect on 1 January 2027, so it changes nothing about what anybody pays in 2026.

And it is a price for the programme rather than a coverage decision. A negotiated price does not create an entitlement to the drug for a use the plan does not cover.

How to read a monthly price quote

Check what a month means. Novo Nordisk defines one month of Wegovy as one box of four pens. Eli Lilly defines a Zepbound month as 28 days and up to four single-dose pens. Those are not the same period.

Check whether the price is tied to a dose. Zepbound self-pay runs $499 at 7.5 mg and $699 at 10 mg and above, so a dose increase is a price increase.

Check whether it counts toward your deductible. Novo Nordisk states explicitly that money spent under its savings offer does not count toward a deductible or out-of-pocket maximum and cannot be submitted for reimbursement.

Where the numbers on this page come from

Every price, spend figure and user count in the Medicare sections is read from the CMS fact sheet for initial price applicability year 2027, including the per-package maximum fair prices.

Coverage figures are from the KFF 2025 Employer Health Benefits Survey summary of findings. Use and affordability figures are from KFF's tracking poll fielded 27 October to 2 November 2025, with the May 2024 poll used only for the trend.

Self-pay prices are taken from Novo Nordisk's and Eli Lilly's own published pages, which are primary for their own pricing and which both state that the terms can change.

Frequently asked questions

How much does Ozempic cost with Medicare?

From 1 January 2027 the negotiated price is $274 for a 30-day supply, against a 2024 list price of $959. Per package that is $276.78 for a 4 mg/3 mL Ozempic pen. What an individual pays out of pocket depends on their plan's cost sharing rather than on the negotiated price directly.

Why is the negotiated price so much lower than the list price?

Because the list price, the wholesale acquisition cost, is not what payers actually pay after rebates. CMS estimates the negotiated prices across all 15 drugs would have cut net spending by about 44% in 2024, or 36% once Coverage Gap Discount Program spending is counted, which is a smaller reduction than the 71% headline discount implies.

What is the cheapest way to pay for these drugs without insurance?

Manufacturer self-pay is currently the lowest published route: $349 a month for Wegovy through NovoCare, or $499 to $699 for Zepbound through LillyDirect depending on dose. Both programmes carry conditions and both companies state they can change or withdraw them.

Does my employer have to cover GLP-1s for weight loss?

No. In 2025, 43% of firms with 5,000 or more workers covered them for weight loss, 30% of firms with 1,000 to 4,999 workers and 16% of firms with 200 to 999 workers. Only 1% of non-covering firms with 200 or more workers say they are very likely to start within a year.

How many people are taking GLP-1 drugs?

About 12% of US adults said they were currently taking one in KFF's poll fielded in late 2025, and 18% said they had ever taken one. Both figures roughly doubled from May 2024, when they were 6% and 12%.

Do people with insurance still struggle to afford them?

Frequently. 55% of insured users told KFF the drugs were difficult to afford, almost identical to the 56% across all users, and 27% of insured users said they paid the full cost themselves.

How much is a year of treatment?

At the 2024 list price of $959 a month, roughly $11,500. At the Medicare negotiated price of $274, about $3,300. At Novo Nordisk's $349 self-pay price, about $4,200. Those figures are the drug cost alone and exclude any other care.

Will the Medicare price apply to my commercial plan?

No. The negotiated price applies to Medicare. Commercial insurance, employer plans and cash payers are unaffected by it, and it does not take effect until 1 January 2027.

Sources

Figures are compiled from the primary sources above and reflect the most recent data available at the time of writing. This page is informational and not investment advice.

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