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Medicare GLP-1 Coverage: The BALANCE Model Explained

After decades of exclusion, Medicare is finally covering anti-obesity medications. The BALANCE demonstration program launches July 2026, with full coverage expected January 2027.

Updated January 2026 9 min read

For twenty years, Medicare Part D explicitly excluded weight loss medications—a policy rooted in the safety concerns of 1990s-era diet drugs and an outdated view of obesity as lifestyle choice rather than chronic disease. That's finally changing.

The BALANCE Act and associated CMS demonstration programs are creating pathways for Medicare beneficiaries to access GLP-1 medications. Here's what men over 65 need to know.

The Historical Exclusion

The Medicare Modernization Act of 2003 explicitly excluded "agents used for anorexia, weight loss, or weight gain" from Part D coverage. This was a direct response to the fen-phen heart valve crisis of the 1990s.

The exclusion persisted even as obesity medicine advanced dramatically. GLP-1 medications with robust safety profiles and proven cardiovascular benefits couldn't be covered solely for weight loss—regardless of clinical need.

The workaround: Medicare covers GLP-1s for diabetes (Ozempic, Mounjaro) and, after the SELECT trial, for cardiovascular risk reduction. But the weight loss indications of Wegovy and Zepbound remained excluded.

What's Changing: The BALANCE Model

CMS (Centers for Medicare & Medicaid Services) announced a demonstration program that will test Medicare coverage of anti-obesity medications. The model is named BALANCE—though the precise acronym meaning is bureaucratically generated.

Timeline:

Coverage parameters (expected):

Why This Matters for Men Over 65

Older men face a particularly challenging intersection of obesity and age-related health decline:

Cardiovascular risk peaks: Men 65+ with obesity have dramatically elevated risk of heart attack, stroke, and heart failure. The SELECT trial showed 20% reduction in major cardiovascular events—this isn't cosmetic weight loss, it's mortality reduction.

Sarcopenic obesity: Aging naturally reduces muscle mass while obesity increases. The combination—sarcopenic obesity—creates metabolic dysfunction that's particularly difficult to address without pharmacological support.

Limited alternatives: Bariatric surgery becomes higher risk with age. Intensive lifestyle intervention requires mobility that many older adults don't have. GLP-1 medications fill a genuine therapeutic gap.

Fixed incomes: Medicare beneficiaries typically can't absorb $500-1,000/month medication costs that working-age patients might manage. Coverage is the difference between access and exclusion.

The SELECT Trial Changed Everything

The SELECT trial (Semaglutide Effects on Cardiovascular Outcomes in People with Overweight or Obesity) fundamentally shifted the coverage conversation:

Key findings:

The regulatory impact: FDA approved Wegovy for cardiovascular risk reduction in March 2024—creating an indication that arguably bypasses the weight loss exclusion. Some Medicare Advantage plans have begun covering Wegovy under this indication.

The policy impact: SELECT demonstrated that anti-obesity medications reduce Medicare's biggest cost driver—cardiovascular events. The actuarial case for coverage became compelling.

Current Options While Waiting

If you're on Medicare and can't wait for BALANCE implementation:

Option 1: Cardiovascular indication

If you have established cardiovascular disease or multiple risk factors, ask your physician about Wegovy for cardiovascular risk reduction rather than weight loss. Some Medicare Advantage plans are covering this indication now.

Option 2: Diabetes indication

If you have type 2 diabetes, Mounjaro and Ozempic are covered for glycemic control. The weight loss benefit comes along with the diabetes treatment.

Option 3: Cash pay with savings programs

Manufacturer savings programs typically exclude Medicare beneficiaries. However, LillyDirect and some manufacturer programs may have pathways. Check current eligibility.

Option 4: State pharmaceutical assistance programs

Some states offer supplementary drug coverage for Medicare beneficiaries. Check your state's program for potential coverage.

What to Expect with BALANCE Coverage

Based on demonstration program details and legislative proposals:

Eligibility likely requirements:

Cost sharing:

Covered medications:

Preparing for Coverage

Steps to take now:

  1. Document your weight history: Keep records of BMI measurements, prior weight loss attempts, and related health conditions.
  2. Establish care: Have an ongoing relationship with a primary care provider who can prescribe when coverage becomes available.
  3. Address comorbidities: Document sleep apnea, hypertension, prediabetes, or other weight-related conditions that strengthen coverage eligibility.
  4. Review your Medicare plan: Some Medicare Advantage plans may offer enhanced coverage before traditional Medicare. Compare options during enrollment periods.
  5. Monitor announcements: CMS will announce specific implementation details as the July 2026 launch approaches.

The Bigger Picture

Medicare covering anti-obesity medications represents a fundamental shift in how the healthcare system views obesity—from personal failing to chronic disease requiring medical treatment.

For men over 65, this shift is particularly meaningful. The generation that grew up being told to "just eat less and exercise more" finally has access to tools that actually work. The SELECT trial proved these medications save lives, not just reduce waistlines.

The $50 copay target makes GLP-1s accessible on fixed incomes. The coverage framework validates seeking treatment. And the cardiovascular benefits mean this isn't vanity—it's preventive care that reduces the strokes and heart attacks that devastate older men's health.

July 2026 isn't far away. Start preparing now.

Explore Current Access Options

While waiting for Medicare coverage, explore manufacturer programs and current pathways to GLP-1 medications.

View Access Options →

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