Ozempic Pricing: September 2026
Ozempic self-pay: $199 for 2 starter fills, then $349 ($499 for 2 mg). Ozempic pill $149–299. Medicare $245, $50 copay. List price $1,027 drops to $675 in 2027.
Ozempic costs $199 a month for a new self-pay patient's first two fills, then $349. That NovoCare Pharmacy price covers the 0.25 mg, 0.5 mg, and 1 mg pens, while the 2 mg pen is $499. People with commercial insurance and a savings card, Novo Nordisk's coupon for private plans, pay as little as $25, and Medicare pays about $245 a month under the most-favored-nation deal, with a $50 copay for the patient. The list price, called the wholesale acquisition cost or WAC, is still $1,027.51 a month, and it falls to $675 on January 1, 2027.
Since May there is also an Ozempic pill. Novo launched oral Ozempic tablets for type 2 diabetes nationwide on May 4, 2026, in 1.5 mg, 4 mg, and 9 mg strengths, and NovoCare self-pay runs $149, $199, and $299 a month by dose, the same ladder as the Wegovy pill. Novo's August report describes the launch as a re-branding of Rybelsus, its older semaglutide tablet. A 25 mg tablet is under FDA review, with a decision expected in the fourth quarter of 2026.
The $199 starter offer was extended, not ended. Novo's November 17, 2025 launch release set a March 31, 2026 end date, later pushed to June 30, but NovoCare's pages now run the offer through December 31, 2026, limited to two monthly fills for patients new to NovoCare. TrumpRx.gov, the federal price-listing site from the November 6, 2025 pricing deal, shows Ozempic at $199 a month against a $1,028 list price and routes patients to the same NovoCare offer.
Novo's August 4 report shows the price squeeze. Global Ozempic sales were DKK 31.4 billion in the second quarter, up 5% at constant exchange rates, but first-half sales were down 2%. US Ozempic sales rose 2% only because of one-time rebate adjustments; Novo said realized prices and volumes both fell. Wegovy injectable sales were DKK 19.5 billion, up 1%, with US sales down 22% on price. CEO Mike Doustdar told CNBC on August 5 that Novo is hunting for a "sweet spot" between price and volume, and shares dropped about 5%.
Ozempic is not in the Medicare GLP-1 Bridge. The Bridge covers obesity drugs (Wegovy, Zepbound, Foundayo) for a $50 copay, while Ozempic stays under regular Part D coverage for diabetes. See Medicare GLP-1 Bridge Pricing for that program and Wegovy Pricing: September 2026 for the obesity version of semaglutide. For every GLP-1 side by side, see GLP-1 Pricing: September 2026, and for how the TrumpRx deal was structured, see TrumpRx GLP-1 Price Cut.
Ozempic pen self-pay through NovoCare Pharmacy
NovoCare Pharmacy is Novo Nordisk's home-delivery channel for cash-paying patients. Patients new to NovoCare get two monthly fills of the 0.25 mg or 0.5 mg pen at $199 through December 31, 2026, then pay $349 for 0.25 mg through 1 mg, while the 2 mg pen has stayed at $499 since the November 2025 price reset. Self-pay pricing is for fills that do not run through insurance.
| Channel | Price | Source |
|---|---|---|
| NovoCare starter offer (0.25 mg, 0.5 mg) | $199/mo | NovoCare Pharmacy |
| NovoCare standard self-pay (0.25 mg, 0.5 mg, 1 mg) | $349/mo | NovoCare Price Guide (PDF) |
| NovoCare self-pay, 2 mg | $499/mo | Novo Nordisk PR |
| List price (WAC) | $1,027.51/mo | Novo Nordisk Pricing |
| List price from January 1, 2027 | $675/mo | Novo Nordisk PR |
Ozempic pill (oral semaglutide), available since May 4, 2026
The FDA approved Ozempic tablets in 1.5 mg, 4 mg, and 9 mg strengths for adults with type 2 diabetes, and Novo made them available nationwide on May 4, 2026 with self-pay pricing that matches the Wegovy pill ladder. Novo describes the launch as a re-branding of Rybelsus, its earlier semaglutide tablet. A 25 mg strength is under FDA review, with a decision expected in the fourth quarter of 2026.
| Channel | Price | Source |
|---|---|---|
| Ozempic pill 1.5 mg, NovoCare self-pay | $149/mo | Novo Nordisk PR |
| Ozempic pill 4 mg, NovoCare self-pay | $199/mo | Novo Nordisk PR |
| Ozempic pill 9 mg, NovoCare self-pay | $299/mo | Novo Nordisk PR |
| Ozempic pill with commercial insurance + savings card | As low as $25 | Novo Nordisk PR |
| Ozempic pill 25 mg | Not yet approved | Novo Nordisk H1 2026 report (PDF) |
Commercial insurance and Medicare
With commercial insurance, Novo's savings card cuts the copay to as little as $25 a month, capped at $100 of savings per month, for fills of up to three months, and Medicare and other government beneficiaries cannot use it. Under the most-favored-nation deal, Medicare pays about $245 a month for Ozempic and the patient pays $50. A separate Inflation Reduction Act negotiated price of $274 a month starts January 1, 2027.
TrumpRx and the most-favored-nation deal
TrumpRx.gov is the federal price-listing site set up under the November 6, 2025 agreement between the Trump administration, Novo Nordisk, and Eli Lilly, and it lists cash prices and links out to manufacturer programs. As of September 2, 2026 it shows Ozempic at $199 a month against a $1,028 list price, the same NovoCare starter offer. The November 2025 announcement described a $350 starting price for injectables, trending to $245 over two years, but the live listings are lower.
| Channel | Price | Source |
|---|---|---|
| TrumpRx.gov listing, Ozempic | $199/mo | TrumpRx.gov |
| MFN deal terms as announced (November 6, 2025) | $350/mo, trending to $245 | CNBC |
| MFN scope per Novo | Medicare Part D, Medicaid, self-pay | Novo Nordisk H1 2026 report (PDF) |
Coming January 1, 2027: list price drops to $675
Novo announced on February 24, 2026 that the list price of Ozempic, Wegovy, and Rybelsus will fall to $675 a month on January 1, 2027, a cut of about 35% for Ozempic and about 50% for Wegovy. Novo said the change does not affect NovoCare self-pay prices. List price matters most for insured patients whose deductible or coinsurance is calculated from it.
| Channel | Price | Source |
|---|---|---|
| Ozempic pen WAC from January 1, 2027 | $675/mo | Novo Nordisk PR |
| Ozempic pill / Rybelsus WAC from January 1, 2027 | $675/mo | Novo Nordisk H1 2026 report (PDF) |
| NovoCare self-pay prices after the cut | Unchanged | Novo Nordisk PR |
| Wegovy WAC from January 1, 2027 (comparison) | $675/mo | Novo Nordisk PR |
Q2 2026: what Novo's August 4 report says about Ozempic pricing
Novo Nordisk reported second-quarter 2026 results on August 4. Ozempic sales were DKK 31.4 billion, up 5% at constant exchange rates, but the first-half figure was down 2%, and in the US Ozempic grew 2% only because of rebate adjustments, with realized prices and volumes both lower. Adjusted gross margin slipped to 78.2% from 82.7%.
| Channel | Price | Source |
|---|---|---|
| Ozempic, global Q2 2026 sales | DKK 31,375M (+5% CER) | Novo Nordisk H1 2026 report (PDF) |
| Ozempic, US Q2 2026 sales | Up 2% at CER | Novo Nordisk H1 2026 report (PDF) |
| Ozempic pill / Rybelsus, Q2 2026 sales | DKK 5,228M (-4% CER) | Novo Nordisk H1 2026 report (PDF) |
| Wegovy injectable, Q2 2026 sales | DKK 19,484M (+1% CER) | Novo Nordisk H1 2026 report (PDF) |
| 2026 guidance (adjusted sales, CER) | 0% to -6% | Novo Nordisk H1 2026 report (PDF) |
| CEO Mike Doustdar on pricing (CNBC, August 5) | "Sweet spot" between price and volume | CNBC |