Weightloss Program; Wegovy, Ozempic, and Semaglutide are different brand names, but are they the same? Semaglutide is the generic name for Wegovy and Ozempic. We offer a safe way to lose weight. REQUEST FOR MEDICARE DRUG COVERAGE DETERMINATION Use this form to ask our plan for a coverage determination. You can also ask fo GLP 1 Showdown. Ozempic vs. Trulicity! Weight loss drugs covered by Medicaid? Senate could decide soon The Food and Drug Administration has approved the first oral GLP 1 weight loss drug by Eli Lilly, called Foundayo.