The Biden administration is proposing to cover drugs like Ozempic, which is used to treat heart disease, diabetes and obesity, under Medicare and Medicaid. (Photo illustration by Mario Tama/Getty Images)WASHINGTON — The Biden administration announced Tuesday it’s reinterpreting federal law to allow Medicare and Medicaid patients access to anti-obesity medications to reduce their weight over the long term. The Centers for Medicare and Medicaid’s proposed rule, which the Trump administration would need to finalize before it would take effect, is expected to cost $25 billion for Medicare combined with $11 billion in federal spending and $3.8 billion in state spending for Medicaid coverage throu
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