Quartz·1 min read·easy

Bank of America is spending $250 million a year on weight loss drugs for employees

Cris Tolomia
AI Summary

Bank of America reports that GLP-1 weight loss medications now constitute approximately 13% of its annual healthcare expenditure. The company spends roughly $250 million annually to cover these drugs for its employees.

CEO Brian Moynihan says GLP-1 medications now account for roughly 13% of the bank's total annual healthcare spending

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Bank of America is spending $250 million a year on weight loss drugs for employees — Headlinne — headlinne