Libido Pill’s Risks Have Insurers Weighing Whether to Pay

Meet Addyi, the FDA-Approved Women's Sex-Drive Pill

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Health insurers are grappling with the question of whether to cover the new pink pill to treat low libido in women, which will hit U.S. pharmacy shelves this year with a prominent warning label for serious side effects such as fainting.

Anthem Inc., the third-largest health insurer in the country, said Wednesday it will cover Sprout Pharmaceuticals Inc.’s Addyi in many cases. Insurers Cigna Corp. and Aetna Inc. are still working on their policies, and drug benefits managers including Express Scripts Holding Co. and CVS Health Corp. said they’ll evaluate what to do over the next few weeks.