GLP-1 Prices and Scams
April 23, 2023 at 3:28:22 PM
GLP-1 agonists are shockingly expensive given that they are not a great breakthrough. Also, beware scams involving these drugs.
At Holland Clinic, we understand the importance of offering a variety of weight loss solutions to suit the needs and budgets of our patients. One such treatment option is the use of GLP-1 agonist drugs, which have been shown to be effective in promoting weight loss. However, it is important to be aware of the high cost associated with these medications and the potential challenges that may arise due to their limited insurance coverage.
GLP-1 agonist drugs can indeed lead to significant weight loss (but so can far cheaper older medications), but their high cost can be problematic for many patients. These medications typically range from $650 to $1,350 per month, depending on the drug and dosage. Furthermore, health insurance companies often do not cover the cost of these medications unless the patient has at least one serious weight-related comorbidity that has not responded to conventional therapy.
Massive Investment, Long Road
It is important to note that some GLP-1 agonist drugs require a 4-6 month titration period to reach the maximum dosage while avoiding severe side effects. Significant weight loss typically only occurs once the patient has reached the maximum dose. Consistency in taking these medications is crucial, as interruptions in treatment can lead to rapid weight regain and the need for another slow titration process to reach the maximum dose again.When considering GLP-1 agonist drugs for weight loss, it is essential to weigh the benefits of their efficacy against the financial burden they may impose. Patients should be certain that they can consistently afford the monthly cost of these medications, as treatment failure may result if the cost becomes too high.At Holland Clinic, we are committed to supporting our patients in finding the best weight loss solutions for their individual needs. Should the cost of our "GLP-1 Program" prove too high, patients have the option to switch to our "Classic Appetite Suppressant Program" as a more budget-friendly alternative. Our goal is to ensure that every patient has access to a weight loss program that aligns with their goals and financial circumstances.
GLP-1 Drug Pricing:
A Comprehensive Look at Wegovy Costs
GLP-1 drugs, such as Wegovy, can be highly effective for weight loss but come with a hefty price tag. To give you a clear understanding of the costs involved, we have outlined the advertised prices for Wegovy if purchased from CVS. Each price listed below covers a 28-day supply, which includes four pens (syringes) for weekly injections:
0.25mg dose: $1391
0.5mg dose: $1391
1.0 mg dose: $1391
1.7mg dose: $1391
2.4mg dose (maximum dose): $1391
These high costs may be prohibitive for many patients. However, Novo Nordisk, the manufacturer of Wegovy, offers a $500 discount per month for patients paying the full price, reducing the total monthly cost to just under $900.
Saxenda (the First GLP-1 Weight Loss Drug)
Saxenda, another GLP-1 drug currently approved for weight loss, has a similar price structure to Wegovy. The active ingredient in Wegovy, semaglutide, is also used in the diabetes medication Ozempic. The doses for treating diabetes are lower than those approved for obesity treatment, with Ozempic's prices (regardless of dose) averaging around $995 per month after all discounts are applied.Considering the financial commitment, it's essential to ask yourself whether the GLP-1 drugs are worth the investment. The lowest price available for these medications is $900 per four weeks, or $11,700 per year. If money is not a concern, the benefits may outweigh the costs. However, for most people, the price is significant, and our Classic program offers nearly the same efficacy for a fraction of the cost. Ultimately, the decision lies in your hands, but it's important to consider all aspects before making a choice.
GLP-1 Scams: Be Aware and Stay Safe
As GLP-1 drugs for weight loss gain attention in the media and on social platforms, numerous scams have emerged, targeting unsuspecting individuals. These scams can take several forms, and it's crucial to be aware of them to protect yourself.
"Wegovy for $99" scams:
Online advertisements may claim to offer GLP-1 drugs like Wegovy for an unbelievably low price, such as $99. However, these ads are misleading. Instead of receiving the medication, you are provided with a prescription for it after paying the fee. Furthermore, this fee must be paid every month, in addition to the actual cost of Wegovy.
"Compounded Semaglutide" Scam:
In this scheme, you are offered what is purported to be "compounded" generic semaglutide. The issue here is that no generic semaglutide is currently approved for human use in the US. The substance being sold is either not semaglutide or not FDA-approved semaglutide, making it a fraudulent and potentially dangerous product. Do not allow anyone to inject you with so-called 'generic' or 'compounded' semaglutide, as it is both illegal and hazardous to your health.By staying informed and vigilant, you can protect yourself from falling victim to these scams. Always consult with a medical professional and seek reliable sources for purchasing medications.