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GLP-1s are breaking life insurance

glp1digest.com

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Re: GLP-1s are breaking life insurance

#151

Post by ecb_penguin »

hiAndrewQuinn wrote: post #122
ecb_penguin wrote: post #95

Earlier quoted context omitted.

If you think it's that simple, you have no idea what you're talking about. How many years experience do you have in the insurance industry that you're so confident to talk like this? > because this is a financial product and doesn't require months of building a factory or something to offer. How many financial instruments have you launched? If the answer is zero, you should refrain from any conversations on the topic…

I do actually think it's that simple, yes. Term life is just not that complicated a product at heart. Onus is on you to prove that if every single life insurance provider was suddenly Thanos snapped out of existence tomorrow, we wouldn't see a swarm of hungry financial professionals swoop right back in to recreate the service within weeks. That seems like a laughable claim to me, but maybe you know something I don't.…

"the Dunning–Kruger effect is the thesis that those who are incompetent in a given area tend to be ignorant of their incompetence, i.e., they lack the metacognitive ability to become aware of their incompetence. This definition lends itself to a simple explanation of the effect: incompetence often includes being unable to tell the difference between competence and incompetence."

I think this very accurately sums up your comments.

Re: GLP-1s are breaking life insurance

#152

Post by stego-tech »

Now expand this to other treatments: HIV, PreP, depression/anxiety, ADD, ADHD, you name it. We’ve had data for decades that adherence is the key factor in successfully lowering mortality and increasing quality of life, which in turn increases duration of productive life, which in turn lowers costs in the long run as more people live healthier, longer, more productive lives.

The problem continues to be the pharmaceutical and health insurance industries, particularly in the West. Under pressure to deliver infinite growth forever to shareholders on a quarterly basis, companies have a vested interest in making less medication at a higher price, and lobbying the government to prohibit price negotiations while mandating insurance coverage for many of these drugs.

GLP-1s might be the proverbial straw that broke the camel’s back, but there’s decades of research - and bodies - saying this over, and over, and over again.

Which reminds me: I need to call my new health insurance company to get them to cover my medication, and hopefully extend it to 90 day supplies. Because god forbid that just be an automatic thing for someone who’s taken the same medication daily in some form for a decade without adherence issues.

Re: GLP-1s are breaking life insurance

#153

Post by DrillShopper »

arn3n wrote: post #4

Obesity is highly correlated with other medical conditions, from cancer to diabetes to heart disease. I wonder if there is a point at which it is cheaper for health insurance companies to offer subsidized or even free GLP-1s to patients than pay out for other specialized medications. For example, my insurance covers flu shots in my community every year because it's presumably less expensive to pay for the shots compa…

> I wonder if there is a point at which it is cheaper for health insurance companies to offer subsidized or even free GLP-1s to patients than pay out for other specialized medications

Some do. My insurance requires a prior authorization due to the previous shortage, but it's $12/mo

Medicaid in my state also covers it for $3/mo

Re: GLP-1s are breaking life insurance

#154

Post by jstummbillig »

DrillShopper wrote: post #143
ramoz wrote: post #38

Earlier quoted context omitted.

Can you explain what sucks about being on the prescriptions?

Hi there - Mounjaro user here. I've been using it for about a year at this point. I feel sick for three days in a row after taking it. Even after several months on the same dose. I get horrible gut cramps, sour stomach, near constant nausea, and occasionally vomiting and diarrhea. I have to take my shot on Thursday night because I'll feel bad the next day and supremely sick the next two days. If I took it earlier or…

I mean no offense, but you have a fairly substantiated body of evidence that something in the medication is causing the weight loss. The side effects do sound really shitty though.

Re: GLP-1s are breaking life insurance

#155

Post by _9ptr »

mschuster91 wrote: post #96
petesergeant wrote: post #35

Earlier quoted context omitted.

> People who gain it back did not learn the lesson and did not effectively change their habits. You need the discipline This is deeply misguided. I’m glad that the little assist was enough for you, but if “healthy habits” were enough then people who’d lost weight the traditional way would keep it off. Further, unless you’ve been off it for more than six months, I’d hold your judgement on this one.

> but if “healthy habits” were enough then people who’d lost weight the traditional way would keep it off. That's because a lot of the "traditional way" methods are pseudoscience at best, outright quackery that's going to send you into serious malnutrition issues or eating disorders at worst. Every two or three months you see a new diet fad pushed through the yellow press rags, and none of it anywhere near being cons…

I would have thought the "traditional way" would simply be eat less, move more (by changing your habits of course).

Re: GLP-1s are breaking life insurance

#156

Post by romaaeterna »

cm2187 wrote: post #128
romaaeterna wrote: post #16

The problem (not new with GLP-1s) is that people lose weight, get life insurance, and then regain. The biggest part of that equation is regain part. Most people quit GLP-1s because of costs. Let's fix that.

I don't know, I tend to notice the effect wears off over time. Not sure it's a good idea to consume it permanently. Perhaps a better use would be for short periods to course correct.

Anecdotally, the dose required to maintain a stable weight seems to be lower than the dose required to lose weight. Most people tend to regain some weight when going cold turkey.

The safety profile of the drugs with diabetics, and the health benefits that come from the associated weight loss may make permanent use a net benefit for most people. There appears to be little, if any, "course correction" effect from taking it for short periods of time.

Re: GLP-1s are breaking life insurance

#157

Post by jstummbillig »

cm2187 wrote: post #128
romaaeterna wrote: post #16

The problem (not new with GLP-1s) is that people lose weight, get life insurance, and then regain. The biggest part of that equation is regain part. Most people quit GLP-1s because of costs. Let's fix that.

I don't know, I tend to notice the effect wears off over time. Not sure it's a good idea to consume it permanently. Perhaps a better use would be for short periods to course correct.

Can you explain what you mean? What you say seems to strictly contradict how the meds are supposed to work.

Re: GLP-1s are breaking life insurance

#158

Post by vkazanov »

petesergeant wrote: post #35
firesteelrain wrote: post #24

I was on Mounjaro for two months. I was also dieting and walking 10k steps a day. I lost 25 lb and my A1C went down to 5.0 from 5.7. All my cholesterol numbers were in range. I stopped taking it and lost 25 more. I haven’t regained the weight. People who gain it back did not learn the lesson and did not effectively change their habits. You need the discipline - and a good support system. But if you don’t have that an…

> People who gain it back did not learn the lesson and did not effectively change their habits. You need the discipline This is deeply misguided. I’m glad that the little assist was enough for you, but if “healthy habits” were enough then people who’d lost weight the traditional way would keep it off. Further, unless you’ve been off it for more than six months, I’d hold your judgement on this one.

I know some serious cases where there were non-habitual problems but... "healthy habits" is nothing to laugh about. People literally are what their habits are. All of our behaviour is habits, and changing behaviour takes time and effort.

The good news is that it is not impossible, and it really is possible to change bit by bit for most people suffering from obesity.

I don't think somebody who walks 10k+ a day, maybe goes to gym a couple of time a week, limits calorie intake to a comfortable and reasonable 2000 kcal per day, would suddenly bounce back to 130kg!

Re: GLP-1s are breaking life insurance

#159

Post by jstummbillig »

firesteelrain wrote: post #24

I was on Mounjaro for two months. I was also dieting and walking 10k steps a day. I lost 25 lb and my A1C went down to 5.0 from 5.7. All my cholesterol numbers were in range. I stopped taking it and lost 25 more. I haven’t regained the weight. People who gain it back did not learn the lesson and did not effectively change their habits. You need the discipline - and a good support system. But if you don’t have that an…

> People who gain it back did not learn the lesson

Considering it took you a miracle drug to learn the lesson, that seems like a humorously arrogant take.

Re: GLP-1s are breaking life insurance

#160

Post by schwartzworld »

DrillShopper wrote: post #143
ramoz wrote: post #38

Earlier quoted context omitted.

Can you explain what sucks about being on the prescriptions?

Hi there - Mounjaro user here. I've been using it for about a year at this point. I feel sick for three days in a row after taking it. Even after several months on the same dose. I get horrible gut cramps, sour stomach, near constant nausea, and occasionally vomiting and diarrhea. I have to take my shot on Thursday night because I'll feel bad the next day and supremely sick the next two days. If I took it earlier or…

I’m curious what your diet is like, especially at the end of the week when the medicine is weakest. If I eat dairy, sugar, etc in the day or two before my semaglutide, I feel similarly.
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