Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says

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Source: CNBC
Published: 2026-08-06 00:34 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Drugs, Business & Economy
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Snippet:
Bank of America spends more than $250 million a year covering GLP-1 weight loss drugs for its employees, CEO Brian Moynihan told CNBC on Wednesday, saying the rapidly rising cost is a worthwhile investment in his workforce.
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