What is the Reason Ozempic is Expensive within the USA?

Why Ozempic is Expensive in The USA?

What is the Reason Ozempic is Expensive within the USA?

Ozempic is a glucagon-like Peptide-1 (GLP-1) antagonist and isn’t insulin. Ozempic also called Semaglutide and is approved by FDA. The Food and Drug Administration (FDA) has approved Ozempic to be an antidiabetic medicine. Ozempic can be manufactured as well as sold via Novo Nordisk exclusively. Injectable pens that contain 2 mg, 4 mg, and 8 mg of Ozempic can be found. But Ozempic isn’t readily available in the market and has no generic counterparts.  In this blog, we will try to find out why Ozempic is expensive in the USA?

Ozempic Usage: In Diabetes and Weight Loss

Ozempic is given beneath the skin and treating type 2 diabetes with this medication has been shown to be effective. In addition, Ozempic may be used to shed weight.

Type 2 diabetes sufferers were first given Ozempic in order to help keep blood glucose levels in check. It has been proven to benefit people suffering from obesity, too. There’s been an increase in the recognition of Ozempic throughout the weight-loss field, and a lot of patients across the country have relied on it as a part of their weight-loss regimen. Due to their catchy jingles and constant commercials on television that can be seen on major networks in the loop, they are on everybody’s mind.

Also, read: How to live a healthy lifestyle with Ozempic?

Ozempic for Diabetes

Ozempic injection

Alongside being a diabetes-fighting drug, Ozempic also has a higher effect than other anti-diabetic medications. Therefore, it is recommended to take one dose every week to maintain your blood sugar levels in check. You’ll also have to modify your lifestyle and diet over the course of taking Ozempic. In addition, your physician may suggest you take Ozempic alongside other diabetes medicines.

Ozempic therapy typically starts with a low dosage; 0.25 mg weekly may be recommended for starting. Then increased in dose once your body is used to it. The steady-state can be reached after four to five dosings (4-5 months).

In the event that the amount of drug in your body is constant, it’s described as a steady state. The body is flooded with drugs in the same amount when they leave the body in a steady state. Once you reach a steady state the drug is optimal. Ozempic decreases blood sugar levels and manages your spikes in glucose levels within about four to five weeks. Other variables, like the body’s composition, age, and other health issues, could influence the effectiveness of a medication.

Also, read: How to Create a Balanced Ozempic Meal Plan?

Ozempic for Weight Loss

Ozempic is also renowned due to its weight loss abilities and its capability to combat diabetes. When used in conjunction with certain lifestyle changes, Ozempic is able to drastically reduce weight. The drug generally can reduce appetite, meaning fewer calories will be consumed. Additionally, it reduces the craving for fat-rich and high-calorie diets.

Researchers have just launched an investigation into the weight loss potential of Semaglutide (Ozempic) for non-diabetic obese, overweight, and obese patients who are taking the medication. The study is titled Semaglutide Treatment Effect in Adults with Obesity (STEP). It’s been about 7 years since STEP trials were finished and published.

Suggested read: Does Ozempic Really Work For Weight Loss?

Together with other lifestyle changes, Semaglutide has been proven to be effective in reducing the weight of obese or overweight people. The STEP 1 trial participants were able to report an average weight reduction of 14.9 percent, which was published in the New England Journal of Medical Science’. The study involved Semaglutide, which was given every week for 68 weeks, at 2.4 mg. These positive findings were found in other STEP studies. In addition, it was reported that the FDA approved the Semaglutide (2.4 mg every week) injections to manage weight for long-term use in June 2021.

Also, read: Drinking Alcohol While Taking Ozempic

Wegovy is the name of the brand under which the 2.4 mg Semaglutide injectors are offered. It is manufactured as well and distributed solely from Novo Nordisk, like Ozempic.

The drug was approved by FDA in 2014 for the treatment of persistent weight loss in those with a BMI higher than 27 kg/m2. Injections under the skin consisting of 2.4 mg Semaglutide are recommended for people who are obese and have at least one obesity-related condition such as diabetes, hypertension, or high cholesterol.

Beyond these benefits, Semaglutide is also able to reduce the risk of heart diseases such as strokes. Because of Ozempic’s health benefits that have been proven it is frequently recommended for diabetes management and weight loss.

Suggested, read: Know About Ozempic for Weight Loss & Type 2 Diabetes

Ozempic is Expensive in the USA

The cost of medication can be very high in America. And there is no exception for Semaglutide either. Ozempic is expensive and the cost of their injection pen can rise based on insurance coverage.

Ozempic Cost Without Insurance

Since Ozempic was first introduced in the year of 2018 it has proved to be a successful treatment for diabetes. The global sales of Ozempic exceeded $1 billion during its first 9 months in 2019! For the six first months of 2021, Novo Nordisk sold more than $9 billion in products to treat obesity and diabetes in the whole world.

In total, there are 72 nations in which Ozempic is accessible and that includes the United States. There are millions suffering from type 2 diabetes in the US. It has approximately 70% obese or overweight people. Ozempic has become more and more popular in the US because of these grave health problems.

There isn’t any insurance coverage or assistance program offered for Ozempic. Coupons and discounts are frequently provided by pharmacies. The price of one dose of subcutaneous (given under the skin) injections can be as high as 800 USD, even when you take advantage of these coupons and discounts.

Ozempic Cost with Insurance

Patient assistance and insurance plans for health are frequently utilized to help US citizens who can’t afford the out-of-pocket expenses of Ozempic. These programs are well-known to reduce Ozempic costs.

Public Health Insurance and Employer Protection Patients can get Ozempic as well as other medications to treat diabetes via private insurance or employer coverage at an affordable cost. Ozempic can be bought through these programs at a cost as low as 250 USD per month for 1, 2, and even 3 months.

Medicare, Medicaid, and CHIP: Medicaid and Medicare are federally-funded programs for people with low incomes as part of the social welfare system. The Social Security Act’s Title XIX authorizes Medicaid, which was passed in 1965. The lowest-income group within the US states as well as including the District of Columbia, and the territories are eligible for health insurance through Medicaid as well as Medicare. The pace of change is swift and enhanced across all those Medicaid programs. You can check whether your Ozempic is cost-free or what amount you be required to pay by examining the state’s Medicaid.

NovoCare Patients Assistance Program (PAP): This program is run by Ozempic maker and its marketer, Novo Nordisk. People who qualify to be part of this program get the medication for free through Novo Nordisk. Also, refills can be covered through the program. Patients who qualify can get refills for free for as long as their enrollment is in effect. This PAP is open to those who have the following qualifications:

  • Legally, you’re a U.S. resident.
  • About 400 percent of your household’s income is less than the federal poverty threshold.
  • Medicare and insurance aren’t offered to people like you.
  • Medicaid as well as Low-Income Subsidies along with the Veteran’s (VA) Benefits, aren’t offered to you, or you don’t meet the requirements for them.

Buying Ozempic Online

The majority of middle-class US citizens don’t have the money to pay for expensive commercial insurance policies, like Novo Nordisk’s PAP. The government health insurance as well as Novo Nordisk’s PAP are targeted at low-income categories.

This means that most of the US population is left with only one option to buy Ozempic at a price that is exorbitant. There is still a possibility to buy Ozempic from other countries at a reasonable cost because it is sold in over 70 countries.

The drug can be bought at a price that is surprisingly low through online pharmacies in different countries. The cost of Ozempic is reasonable in nations like Canada, Britain, and Mexico in which the demand for the drug isn’t as high.

Each Ozempic dose costs less than 300 dollars in all the mentioned countries and about 1000 dollars with no assurance within the US. Our research has found that there are pharmacies online in these countries that offer services to US citizens and within the US territory. You can buy Ozempic from reputable pharmacies across Canada, the United Kingdom, Canada, and Mexico. Along with taking into account the border issues transportation costs, border challenges, and that the item is authentic. You will require an approved prescription in order to purchase as Ozempic is a prescription medicine.

Conclusion

There is a huge demand for Ozempic in the United States because it is an effective medication for diabetes. Therefore, Ozempic is expensive in the USA for those who do not own health insurance. Have your health insurance approved and you are likely to get a rebate when buying Ozempic in the USA.

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Prasheya Singh

Prasheya Singh is an avid blogger as well an eminent digital marketeer. She has immense passion towards health blogging. Her hobbies include travelling, cooking and watching movies.