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DrugPrice

Ozempic

Semaglutide

Brand onlyDiabetesby Novo Nordisk
$685.00
avg cost per claim
+72.5% year-over-year
$5.0B
Medicare Spending
7,240,000
Total Claims
1,180,000
Beneficiaries
$4,200.00
Annual Cost/Patient

Why Ozempic Costs $685.00 Per Claim

Ozempic (Semaglutide) is used to treat diabetes. According to CMS Medicare Part D spending data, the program spent $5.0B on this drug, covering 1,180,000 beneficiaries across 7,240,000 claims.

This drug is currently protected by patents expiring Sep 20, 2031. Until patent protection ends, no generic version can enter the market, which limits price competition. Once generics become available, the price typically drops 80-95%.

Spending on Ozempic increased by +72.5% year-over-year, driven by rapidly growing utilization and potential price increases.

Price Breakdown

Avg cost per claim (30-day)$685.00
Avg annual cost per patient$4,200.00
Total Medicare spending$5.0B
Total claims7,240,000
Beneficiaries1,180,000

Drug Details

Brand Name
Ozempic
Generic Name
Semaglutide
Active Ingredient
SEMAGLUTIDE
Manufacturer
Novo Nordisk
Dosage Form
TABLET
Route
ORAL
Condition
Diabetes
FDA Application
NDA213051

Frequently Asked Questions

Ozempic (Semaglutide) costs an average of $685.00 per claim based on Medicare Part D data. The estimated annual cost per patient is $4,200.00. Actual out-of-pocket costs depend on your insurance plan and pharmacy.

No, Ozempic is currently brand-only. Patent protection expires Sep 20, 2031, after which generic versions may enter the market.

Medicare Part D spent $5.0B on Ozempic, covering 1,180,000 beneficiaries across 7,240,000 claims. This makes it one of the tracked drugs in the Medicare spending dashboard.

Check manufacturer patient assistance programs for potential savings. You can also compare prices at different pharmacies, use prescription discount programs, or ask your doctor about therapeutic alternatives in the same drug class.

Cost data reflects Medicare Part D spending and may not represent retail pharmacy prices. Average cost per claim represents the total drug cost (not patient out-of-pocket) divided by total claims.