Medicare spending on “skin substitutes” reached $10 billion last year. A leading seller made a large donation to President Trump’s election campaign.

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Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.

© Photo Illustration by The New York Times

A coalition group was launched in support of Robert F. Kennedy Jr., President Donald Trump's nominee to lead the Department of Health and Human Services (HHS).

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The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.

But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.

Some older Americans have come to depend on virtual consultations with doctors, covered by Medicare. To keep that option in the future, Congress will have to act quickly.