Wegovy will 'bankrupt the health care system,' says Sen. Sanders in new report

Senator Bernie Sanders is upping the pressure on Novo Nordisk to lower the cost of Wegovy in the U.S., although the Danish drugmaker asserts it charges lower prices in Europe because governments there can negotiate prices.

By Madison Muller & By Naomi Kresge | May 16, 2024 at 10:42 AM

Senator Bernie Sanders is upping the pressure on Danish drugmaker Novo Nordisk to lower the cost of its blockbuster weight-loss drug Wegovy, warning in a new report that if prices don't come down, the medication risks bankrupting the US health-care system.

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1 IRS loosens rules on health plan coverage for preventive care

2 Meaningful corporate wellness programs: Real personalization is key

3 Fear and fatigue: The state of employee engagement

4 SECURE 2.0 awareness: Which provisions are workers most interested in?

5 Employers and benefits brokers unite to defend group health tax exclusion

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IRS loosens rules on health plan coverage for preventive care

By Alan Goforth | November 19, 2024

The IRS has expanded the list of preventive care benefits for high-deductible health plans allowing for coverage without meeting deductibles and enabling tax deductions and reimbursements through health accounts.