Treasurer Folwell talks loss of State Health Plan coverage for weight loss drugs
North Carolina State Treasurer Dale Folwell gave more insight Tuesday as to why the State Health Plan decided to end coverage of popular weight loss drugs, including Ozempic and Wegovy, as of April 1. During the Council of State meeting, he said the drugs had the potential of costing the SHP $170 million this year for 22,000 people. He said it would be the same cost as a 4% bonus to 253,000 employees and would double the individual premium for everyone else on the state health plan from $25 to $50.