What GLP-1s Actually Cost in 2026 | WAC, Net, Self-Pay Pricing Reference
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What GLP-1s Actually Cost

Reference pricing for every GLP-1 drug: wholesale acquisition cost, estimated employer net cost after rebates, and consumer self-pay through manufacturer programs. Includes an interactive plan cost calculator and a regulatory timeline through 2029.

Last updated: May 4, 2026

GLP-1s have three different prices depending on who is paying. Wholesale acquisition cost (WAC) is the manufacturer's list price to wholesalers before any rebates or discounts. Employer net cost is what plans pay after rebates negotiated by pharmacy benefit managers (PBMs) — a number that varies by contract and is often opaque even to the employer purchasing the benefit. Consumer self-pay is what patients pay directly through manufacturer direct-to-consumer (DTC) programs like NovoCare and LillyDirect, bypassing insurance entirely. The table below shows all three, for every FDA-approved GLP-1, grouped by manufacturer.

GLP-1 pricing, by drug

All prices shown are monthly. Employer net cost is an estimate derived by applying class-level rebate rates from Hernandez & Sullivan (Obesity, 2024) to current WAC — ~41% for obesity GLP-1s, ~56.5% for diabetes GLP-1s. It does not reflect any specific PBM contract.

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Drug WAC Employer net cost Consumer self-pay Last verified
Novo Nordisk
Ozempic semaglutide, injection Type 2 diabetes, CKD, CV risk$1,027.51~$447$349–$499May 4, 2026
Rybelsus semaglutide, oral tablet Type 2 diabetes$1,027.51~$447No DTC programMay 4, 2026
Wegovy semaglutide, injection Obesity, CV risk$1,349.02~$796$349–$399May 4, 2026
Wegovy semaglutide, oral tablet Obesity$1,349.02~$796$299May 4, 2026
Eli Lilly
Mounjaro tirzepatide, injection Type 2 diabetes$1,069.08~$465DTC announced Nov '25,
not yet launched
May 4, 2026
Zepbound tirzepatide, injection Obesity, OSA$1,086~$641$399–$449May 4, 2026
Foundayo orforglipron, oral tablet ObesityNot publicly disclosedNot yet estimable$299 (maintenance)May 4, 2026

WAC sources: Ozempic and Rybelsus — NovoCare list price page. Wegovy — Novo Nordisk Feb 24, 2026 press release. Mounjaro — pricinginfo.lilly.com/mounjaro (via AnalySource/First Databank). Zepbound — pricinginfo.lilly.com/zepbound (via AnalySource/First Databank).

Employer net: Derived from Hernandez & Sullivan, Obesity, Mar 2024 (PubMed 38228492). Obesity GLP-1s shown at ~41% average class rebate; diabetes GLP-1s at ~56.5% (midpoint of the 54–59% class range). These are class-level estimates, not drug- or contract-specific figures.

Consumer self-pay: All prices are standard offers from manufacturer direct-to-consumer programs — NovoCare for Novo Nordisk drugs, LillyDirect for Eli Lilly drugs. Introductory, promotional, and starter-dose offers are excluded. Primary sources: NovoCare Wegovy Price Guide (PDF); Ozempic Savings Offer; Zepbound savings; Foundayo coverage & savings.

A. Ozempic self-pay. $349/mo for 0.25 mg, 0.5 mg, and 1 mg doses; $499/mo for 2 mg. Excludes the $199 introductory offer (first 2 fills of 0.25/0.5 mg, available through June 30, 2026).

B. Wegovy self-pay. $349/mo for 0.25 mg, 0.5 mg, 1 mg, 1.7 mg, and 2.4 mg doses; $399/mo for Wegovy HD 7.2 mg.

C. Mounjaro DTC. Lilly's Nov 6, 2025 agreement with the Trump administration announced Mounjaro would be added to LillyDirect at pricing 50–60% below list; as of April 2026, the program has not launched and no specific price has been published.

D. Zepbound self-pay. $399/mo for 5 mg; $449/mo for 7.5, 10, 12.5, and 15 mg doses. The $449 price for higher doses requires refill within 45 days of the previous order — otherwise standard prices apply ($499–$1,049). Excludes the 2.5 mg starter dose ($299/mo).

E. Foundayo WAC. Eli Lilly has not disclosed Foundayo's WAC in press materials or on pricinginfo.lilly.com. A Jefferies analyst note (via Fierce Pharma, April 2026) cited $649/mo; this has not been confirmed by Lilly. Employer net cost is unknown — no rebate data exists for a drug launched April 2026.

F. Foundayo self-pay. $299/mo shown reflects maintenance doses (5.5 mg, 9 mg, 14.5 mg, 17.2 mg) via the LillyDirect Self-Pay Savings Card. Titration doses priced separately: 0.8 mg at $149/mo and 2.5 mg at $199/mo. The $299 price for 14.5 mg and 17.2 mg requires refill within 45 days.

What would GLP-1s cost your plan?

Adjust the inputs below to estimate GLP-1 plan costs under different pricing scenarios. All outputs update in real time.

GLP-1 plan cost estimator

Drug & pricing
Rebate / discount 41%
Population
Total plan members 5,000
% of members on GLP-1 treatment 3.0%
Employees on GLP-1: 150. Industry benchmarks: 2–6% at mature coverage; higher in populations with obesity ≥30% BMI prevalence.
Average months on treatment per year 12
Default 12 months (full-year coverage). Dial down to model persistence: Prime Therapeutics data shows ~60% of patients remain on GLP-1s at 12 months for 2024 initiation cohorts, implying ~8–9 average months across a cohort.
Estimated net cost per treated member/month
Est. annual cost per treated member
Based on avg. months on treatment
Estimated total annual GLP-1 spend
PMPM (per member per month) across full plan
Consumer self-pay reference
Employer net vs. self-pay

Employer net costs are estimates derived from published discount rates (Hernandez & Sullivan, Obesity, 2024). They do not reflect any individual employer's actual PBM contract. Actual costs may be higher or lower. Self-pay comparison uses a representative value for each drug — actual self-pay ranges vary by dose and program (see pricing table above). "Annual cost per treated member" reflects the months-on-treatment input, not a full 12-month rate when dialed below 12. This calculator does not incorporate PBM administrative fees or member cost-sharing offsets.

Regulatory & pricing timeline through 2029

Dated events that will affect GLP-1 economics for employer-sponsored plans. Entries are effective dates unless noted. Full source citations are in the sources list.

Nov 6, 2025
Most Favored Nation (MFN) deal announced. Medicare prices set at $245/mo for Ozempic, Wegovy, and Mounjaro, benchmarked to the lowest price paid by comparable countries. CMS has indicated MFN pricing will supersede IRA-negotiated prices, though operational details remain unresolved
Feb 3, 2026
Consolidated Appropriations Act (CAA) 2026 signed into law. Requires PBMs to pass 100% of drug rebates back to employer plans, report costs at the individual drug level, and give employers the right to audit their PBM contracts. Effective for plan years beginning Aug 3, 2028 (Jan 1, 2029 for calendar-year plans).
Feb 4, 2026
FTC/Express Scripts settlement. Express Scripts must calculate what patients pay at the pharmacy based on the actual discounted drug price, not the higher list price. The settlement also separates what Express Scripts earns from how much a drug costs. Provisions take effect no later than Jan 1, 2028.
Jul 1, 2026
Medicare GLP-1 Bridge Demonstration begins. $50/mo copay for eligible Part D beneficiaries on Wegovy, Zepbound (KwikPen only), and Foundayo. Originally set to end Dec 2026; extended through Dec 31, 2027 after CMS delayed the longer-term BALANCE Model due to insufficient Part D insurer participation.
Jan 1, 2027
Novo Nordisk WAC cut to $675/mo for all semaglutide products (Wegovy, Ozempic, Rybelsus) — ~50% reduction for Wegovy, ~35% for Ozempic. Employer net cost after rebates is expected to change — Novo has not disclosed post-cut rebate terms, and PBM contracts have not been renegotiated for the new WAC.

IRA negotiated Medicare prices also take effect ($274 Ozempic/Rybelsus, $385 Wegovy), though CMS has indicated the lower MFN price of $245/mo will supersede the IRA price for Ozempic and Wegovy. How the two pricing frameworks interact operationally has not been finalized. Eli Lilly has not announced comparable WAC cuts for tirzepatide products.

How this page was built

All data is drawn from publicly available sources: manufacturer press releases and list-price pages, government filings, peer-reviewed studies, and regulatory analyses. Where a source is uncertain or unavailable, we state so explicitly rather than inferring. WAC figures come from manufacturer publications where available. Employer net cost estimates apply the class-level discount rates from Hernandez & Sullivan (Obesity, 2024) to current WAC — ~41% for obesity GLP-1s, ~56.5% for diabetes GLP-1s — and are labeled as estimates, not observed plan-level data. Consumer self-pay pricing reflects only standard offers from manufacturer programs; introductory, promotional, and starter-dose offers are excluded and noted in the footnotes.

This page is reviewed and updated as new data becomes available. Corrections and updates can be submitted via the contact page.

Sources

Centers for Medicare & Medicaid Services (CMS). Inflation Reduction Act Drug Price Negotiation — Round 2 Selected Drugs. Nov 25, 2025. cms.gov
Centers for Medicare & Medicaid Services (CMS). BALANCE Model announcement. Dec 23, 2025. cms.gov
Eli Lilly and Company. "FDA Approves Lilly's Foundayo (orforglipron)." Press release, Apr 1, 2026. investor.lilly.com
Eli Lilly and Company. "Lilly and U.S. government agree to expand access to obesity medicines." Nov 6, 2025. investor.lilly.com
Eli Lilly and Company. "Lilly lowers the price of Zepbound single-dose vials." Dec 1, 2025. investor.lilly.com
Eli Lilly and Company. Foundayo Coverage & Savings (Self-Pay Savings Card terms). foundayo.lilly.com/coverage-savings
Eli Lilly and Company. Zepbound Self Pay Journey Program savings & terms. zepbound.lilly.com/savings
Eli Lilly and Company. Mounjaro list price & savings information. pricinginfo.lilly.com/mounjaro
Eli Lilly and Company. Zepbound list price & savings information. pricinginfo.lilly.com/zepbound
Federal Trade Commission (FTC). Express Scripts settlement. Feb 4, 2026. ftc.gov
Fierce Pharma. "Lilly's obesity pill Foundayo gains early blockbuster forecast." Apr 2026. fiercepharma.com
Hernandez I, Sullivan SD. "Costs, Savings, and Cost-Effectiveness of the GLP-1 Receptor Agonist Class for Treating Obesity and Type 2 Diabetes." Obesity. Mar 2024. PubMed 38228492
Kaiser Family Foundation (KFF). "What to Know About Pharmacy Benefit Managers (PBMs) and Federal Efforts at Regulation." Updated Feb 9, 2026. kff.org
Managed Healthcare Executive. "The FDA has approved Eli Lilly's oral GLP-1, Foundayo." Apr 2026. managedhealthcareexecutive.com
Novo Nordisk. "Novo Nordisk announces significant reduction in US list price for Wegovy, Ozempic, and Rybelsus." Press release, Feb 24, 2026. novonordisk.com
NovoCare (Novo Nordisk). Wegovy Price Guide (PDF), April 2026. novocare.com
NovoCare (Novo Nordisk). Ozempic Savings Offer. novocare.com/diabetes/products/ozempic/savings-offer.html
NovoCare (Novo Nordisk). Ozempic List Price Explained. novocare.com/diabetes/products/ozempic/explaining-list-price.html
Prime Therapeutics. GLP-1 persistence and cost offset data. Presented at Academy of Managed Care Pharmacy (AMCP) Annual 2025; published in Journal of Managed Care & Specialty Pharmacy, Mar 2026.
Ropes & Gray LLP. "The Year of PBM Reform." Feb 27, 2026. ropesgray.com
Willis Towers Watson (WTW). "PBM Disclosure and Rebate Pass-Through Provisions Enacted with Government Funding Legislation." Feb 12, 2026. wtwco.com

Questions about this data? Corrections or updates?

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Compiled and maintained by Ray Wu, MD — physician-founder working on metabolic health technology.

Last updated: April 19, 2026

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