Tax deduction of medical expenses
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Are GLP-1s tax deductible? How to deduct Ozempic, Wegovy, and other weight-loss drugs.
Yahoo Finance· 2026-03-20 03:55
Roughly 12% of adults in the U.S. take a GLP-1 drug like Ozempic, Mounjaro, Zepbound, or Wegovy, according to the 2025 KFF Health Tracking poll. But these blockbuster drugs can cost more than $1,000 per month for patients who pay out of pocket. Even with insurance, the monthly costs can exceed several hundred dollars. You may be able to deduct GLP-1s as a medical expense from your taxes, depending on why the drugs were prescribed. But doing so may not actually reduce your tax bill. Here’s why. Read more: ...