(Reuters) – Cigna Group said on Thursday its pharmacy benefit management unit had launched a new program aimed at limiting spending on weight-loss drugs by its health insurance clients, which plan to cover the medication.
The company’s unit, Evernorth Health Services, said it will help clients – ranging from employers to providers of government-supported health insurance plans – better manage GLP-1 expenses through a cost cap or savings guarantee.
Evernorth operates a pharmacy benefit manager that acts as a middleman between insurers and drugmakers.
(Reporting by Leroy Leo in Bengaluru; Editing by Shilpi Majumdar and Pooja Desai)
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