Does Medicare cover weight loss medication?

Sort-of. The medicatation may be on the plan’s formulary, but the plan will most likely not cover the medication for the explicit purpose of losing weight.

Ozempic, Wegovy, and Mounjaro are some of the more popular medications taken for weight loss.  Many health insurance plans, including Medicare, will not cover these medications for that purpose.

The exception to this is if you take these medications to treat diabetes, Medicare may cover them under your Part D medications.

You can ask your provider for free samples of try and find them through GoodRx which often has coupons.  You may be able to use your FSA or HSA for these.

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