Study analysis · Journal of managed care & specialty pharmacy · 2025

GLP-1 drugs like Ozempic cost 9% more—but don’t cut hospital visits… except for one surprising group.

Ozempic and similar diabetes drugs cost more than other pills and don’t reduce hospital trips for most people, but they do save money on doctor visits for those with obesity.

Reading level
Moderate certainty
Level 2b · Individual cohort studyAssociation, not causationNo causal claims

Overview

What the study found

The study in plain English — the bottom line, every takeaway we extracted, and what to do with them.

In simple terms

This study looked at what happened to people who started taking two different diabetes medicines, but it didn’t randomly assign them—it just watched what happened in real life. So we can say the two groups had different costs, but we can’t say one medicine caused those differences because other things (like how healthy people were or what doctors chose) might have influenced it.

What’s the bottom line?

This study looked at two types of diabetes pills: GLP-1 RAs (like Ozempic) and SGLT2is (like Farxiga). It compared how much they cost and how often people went to the hospital.

How strong is this study?

The researchers did a good job matching people who took each medicine so they were similar in age, health, and other factors—that makes the comparison fairer. But because they didn’t randomly assign the medicines, we still can’t be 100% sure the medicine itself caused the cost differences. That’s why we need to be careful not to say one medicine is 'better'—just that it was linked to higher costs in this group.

Reporting

40 / 100

  • COI disclosure+40/40
  • Data availabilitydata not shared
  • Code availabilitycode not shared
Methodology

56 / 100

  • Randomizationnot randomized
  • Blindingblinding unclear
  • Control group+15/15
  • Sample size (n=44334)+20/20
  • Follow-up+10/10
Publication

100 / 100

Statistical

77 / 100

  • P-values+15/15
  • Effect size+20/20
  • Confidence intervals+15/15
  • Pre-registrationnot pre-registered

Each component is scored out of 100 and then capped by the study design — a case series cannot reach the ceiling a randomised trial can, however well it is reported.

Where it sits

RCT reviews

Max 100

Randomized Trials

Max 90

Reviews of Cohort Studies

Max 85

Cohort Studies

Max 72

Reviews of Case-Control Studies

Max 63

Case-Control Studies

Max 58

Cross-Sectional & Case Series

Max 50

Expert Opinion

Max 5
StrongerWeaker
Cohort Studies
Level 2b
67

67 / 100

Probability of being correct

Groups of people are followed over time to see who develops an outcome. Strong for identifying risk factors and associations, but cannot prove causation as firmly as RCTs.

This design cannot establish causation — the findings describe an association, not a cause. This is an observational cohort study with no randomization. Although propensity score matching was used to adjust for observed confounders, unmeasured variables (e.g., lifestyle, adherence, provider bias) could still influence outcomes, preventing definitive causal inference.

Critical COI

Critical conflicts — study credibility is severely compromised

Disclosed

The study was fully funded and conducted by Humana Inc., with all authors being salaried employees or stockholders of the company, and the funder controlled the research design and publication, creating a high risk of bias.

Industry Funded
Funder Involved

Funders

Humana Healthcare Research, Inc.

Conflict Details

Insiya B Poonawalla
Employment
Employee

Humana Inc.: Salaried employee of Humana Healthcare Research, Inc.

Suzanne Dixon
Employment
Employee

Humana Inc.: Salaried employee of Humana Healthcare Research, Inc.

Andy Bowe
Employment
Employee

Humana Inc.: Salaried employee of Humana Healthcare Research, Inc.

Petir Abdal
Employment
Employee

Humana Inc.: Salaried employee of Humana Inc., which offers Medicare Advantage health plans

Mary Hayes
Employment
Employee

Humana Inc.: Salaried employee of Humana Inc., which offers Medicare Advantage health plans

+7 more conflicts

The study used Humana's proprietary database, all authors are employees or stockholders of the funder, and there is no indication of independent oversight, external review, or data access restrictions. The findings align with potential financial incentives to demonstrate higher costs for GLP-1 RA drugs, which may impact formulary decisions.

Key takeaways

  1. 01

    People on GLP-1 RAs paid 6–9% more for their pills.

  2. 02

    Total costs were 4–6% higher overall.

  3. 03

    But they didn’t go to the hospital or ER more often.

  4. 04

    In obese patients, GLP-1 RAs led to 2.9% lower medical costs (like doctor visits).

  5. 05

    Even though GLP-1 RAs cost more, they didn’t reduce hospital use — except in obese patients, where they may have lowered other medical expenses, possibly due to weight loss or improved health.

Surprising findings

  • GLP-1 RA users had 2.9% lower medical costs in the obesity subgroup despite 9.5% higher pharmacy costs.Everyone assumes expensive drugs = higher total costs with no offset. But here, the drug’s side benefits (likely weight loss) reduced doctor visits and tests enough to lower overall medical spending.
  • No difference in hospitalizations or ER visits between GLP-1 RA and SGLT2i users—even in patients with heart disease.Clinical trials suggest GLP-1 RAs reduce cardiovascular events, but in real-world Medicare patients, that didn’t translate to fewer hospital stays.

Practical takeaways

If you're over 65 with type 2 diabetes and obesity, ask your doctor if a GLP-1 RA could lower your overall medical bills—even if the pill costs more.

This only applies to obese patients; for others, the higher drug cost isn’t offset. Also, this study only tracked 12 months.

high confidence

Medicare beneficiaries should compare out-of-pocket costs: SGLT2i drugs like Farxiga may be significantly cheaper than GLP-1 RAs like Ozempic.

Cost savings depend on insurance formulary and whether you qualify for low-income subsidies.

medium confidence

Why this study matters

The $900 Drug Gap

GLP-1 RA users paid 9% more in pharmacy costs—$870 per month vs. $798 for SGLT2i users—driving a 5.7% increase in total health care spending. This cost difference held across all subgroups, including those with heart disease and obesity.

People think expensive diabetes drugs like Ozempic save money by preventing hospitalizations—but this study shows they don’t, at least not for most patients. The higher cost is purely from the drug itself.

Obesity Secret: Lower Medical Costs

Among obese patients, GLP-1 RA users had 2.9% lower medical costs (doctor visits, tests, procedures) despite paying 9.5% more for pills. This suggests weight loss or metabolic improvements reduced other health expenses.

This flips the script: even though the drug is pricier, it might be saving money elsewhere—making it a potential net win for obese patients, which is huge for Medicare beneficiaries.

No Hospital Savings? Here’s Why

Despite claims that GLP-1 RAs reduce complications, the study found zero difference in hospitalizations or ER visits between GLP-1 RA and SGLT2i users—even in high-risk groups like those with heart disease.

This challenges the narrative that these drugs are 'life-saving' in real-world settings for older adults. They help blood sugar and weight—but not acute care use.

Want the whole report?

Detailed mode opens the full scientific breakdown — every score component, the methodology, conflicts of interest, the evidence analysis behind each claim, and the raw study data.

Standing

The people behind it

The researchers who wrote the study this analysis is built on.

Authored by

7 researchers

If this is your work, this is how we attribute it on Fit Body Science. Insiya B. Poonawalla is listed as the lead author.