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GLP-1 weight loss treatment can be pricey. But employers who cover the treatments could end up saving on employee medical expenses overall. The finding is according to a new analysis of health insurance claims by global professional services firm, Aon, released Wednesday.The report looked at data for more than 50 million commercially insured people in the U.S., including 139,000 taking GLP-1 drugs, from 2022 to 2024. It found that after an initial spike in costs related to weight loss treatment with drugs like Ozempic, Mounjaro, and Wegovy, costs fell drastically. Cost growth for the group receiving GLP-1 treatment trended at half the rate of the control group in the second year of the analysis. The analysis also found a seven-percentage reduction in overall medical costs for the GLP-1 users when compared with workers with similar health conditions who weren’t taking the drugs. When it came to cardiovascular incidents, the report showed major gains for GLP-1 users, too. 44% experienced fewer hospitalizations caused by cardiac events, such as heart attacks, strokes, and heart failure. They also logged fewer cases of pneumonia, alcohol and substance issues, and more. “Obesity is an escalating global epidemic, impacting nearly 40 percent of U.S. adults, contributing to more than 60 chronic conditions and costing the U.S. economy up to $1.72 trillion annually,” said Greg Case, CEO of Aon, said in Aon’s report. “Addressing this issue is not only a public health opportunity but also a workforce and economic imperative.” Case continued, “Our analysis shows that GLP-1 medications, when paired with a holistic adherence program, represent a once-in-a-generation opportunity to prevent and manage chronic disease, improve quality of life and bend the healthcare cost curve.” The new findings come as access to the drugs has recently been limited. When GLP-1 drugs rapidly gained popularity, tripling in use among adults that don’t have diabetes from 2018 to 2022, the Food and Drug Administration (FDA) ran into supply issues. That allowed for compounding pharmacies to make cheaper versions of the drugs, which were sold on popular telehealth sites like Hims & Hers. However, when the FDA announced that the supply issues were rectified, it put a deadline on the making of the generic versions. And last week, a federal judge ruled against a compounding trade groups request for a preliminary injunction that would’ve prevented the FDA from interfering with their continued manufacturing of the drugs.However, we’re now seeing telehealth companies and GLP-1 makers begin to work together in order to keep the drugs accessible. This week, Novo Nordisk, the maker of Wegovy, announced it would offer its weight loss drugs on Hims & Hers, Ro, and Life MD. We felt it was really important to work hard to establish a collaboration with telehealth companies so that there could be access to Wegovy as the compounding is winding down, Dave Moore, executive vice president of U.S. operations at Novo Nordisk said, per CNBC.Were really pleased about the level of interest to access branded Wegovy and to start to sort of catch people as they come off of compounded medicine.”
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E-Commerce
As the weather warms up, nationwide protests against the Trump Administration are getting larger. More Americans are taking to the streets, town halls, and public forums in every state and major U.S. city to voice their growing disapproval of the administration’s handling of everything from the economy to immigration. It’s no coincidence that the next big protest is happening this Thursday, May 1, on May Day, or International Workers’ Day. It comes as many American workers face layoffs, skyrocketing living costs, and overall economic uncertainty as a result of widespread tariffs since the beginning of Trump’s second term. Americans from all walks of life and all corners of the country have joined anti-Trump protests this year, including: retirees worried about cuts to Social Security and Medicare; teachers at schools under attack for DEI, where funding has been pulled; struggling middle class families with small children; and government workers who were recently laid off amid job cuts by Elon Musk’s Department of Government Efficiency (DOGE). May Day protestors are expected to include men and women, girls and boys, the young, middle aged, and old. That’s because this movement is a populist one, representing the general sentiment of Americans who increasingly disapprove of the way Trump is governing, punctuated by his sinking approval ratings. What protests are happening on May Day 2025? Organizers are holding “a national day of action” on Thursday, May 1, with more than 1,100 events slated for nearly 1,000 cities across the country in all 50 states. Major cities include Atlanta, Boston, Chicago, Los Angeles, New York City, Phoenix, Raleigh, San Francisco, St. Paul, MN, and Washington, D.C. (Here is a list of May Day events and locations.) Organizers expect about 70,000 protesters. “This May Day we are fighting back” organizers posted on the May Day website. “We are demanding a country that puts our families over their fortunespublic schools over private profits, healthcare over hedge funds, prosperity over free market politics.” Like the recent “Hands Off” protests earlier this month, which drew hundreds of thousands of Americans, the May Day protests are organized by a broad coalition of groups, including unions, non-profits, educators, and progressive political groups. Some of those organizers include: MoveOn, Womens March, Indivisible, American Federation of Teachers, Greenpeace USA, Massachusetts Teachers Association, 50501, The Association of Professional Flight Attendants, Union of Southern Service Workers, and Florida National Organization for Women, just to name a few. Senator Bernie Sanders of Vermont is among the many people slated to speak, and he is expected join one of the rallies in Philadelphia at 4 p.m. ET on Thursday. Organizers have emphasized that “nonviolence is a ‘core principle’ behind the action,” aimed at “fighting back” against President Donald Trump “and his billionaire profiteers [who] are trying to create a race to the bottomon wages, on benefits, on dignity itself.” “We’re coming together to send a loud and clear message to Donald Trump, Elon Musk, and the rest of the billionaire oligarchs trying to destroy our democracy,” Saqib Bhatti, executive director of Bargaining for the Common Good, one of the May Day protests’ sponsors, said in a statement. “There will be no business as usual.”
Category:
E-Commerce
No, its not April Fools’ Day, but despite some erroneous reports that Walmart will be closing at least 11 stores across multiple states in 2025, Walmart says it will not be closing any of its stores this year. “There are no current plans to close any stores in 2025,” a spokesperson for Walmart told Fast Company. “The erroneous claim originated from a late March US Mirror story, and that article was updated following our call to the editors for a correction. Unfortunately, other outlets have incorrectly reported the store closures without checking with our team, leading us to seek corrections from them as well.” Some of those news outlets included MSN and The Hudson Valley Post. The list of stores supposedly closing included locations in Georgia, Maryland, Ohio, Wisconsin, Colorado, and California. What is true is that the Bentonville, Arkansas-based retail giant did close those 11 locations in 2024, but to put that in context, Walmart pointed Fast Company to a January 2024 post from Walmart US CEO John Furner, which explains the closures came at the same time the company pledged it would be “building or converting 150 new stores over the next several years.” That initiative kicked off last year with new locations in Charlotte, North Carolina, Santa Rosa Beach, Florida, and Atlanta, Georgia. On Tuesday, the company opened its first new Supercenter in more than four years, in the Houston area, and has more openings planned for 2025 in California, Utah, Alabama, and Florida. Walmart is also remodeling 650 existing stores as it invests in what it calls “stores of the future.” Expect wider aisles, bigger and “bolder” signage and displays, and expanded online delivery and pickup to accommodate online orders, according to USA Today. The company also plans to open or remodel more than 45 fuel stations this year, expanding its existing network of more than 400 fuel locations in 34 states. The retail giant is expected to announce its fiscal first-quarter earnings for 2026 next month, before the stock market opens on Thursday, May 15. Shares of Walmart (WMT) fell slightly in early morning trading on Tuesday but rebounded, up less than 1% by midday at the time of this writing.
Category:
E-Commerce
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