Verbatim from the venue. The analyst must quote these, never paraphrase.
If CMS announces the addition of GLP-1 drugs for obesity to Part D before Jan 20, 2029, then the market resolves to Yes.
GLP-1 drugs are already covered under Part D for type 2 diabetes, cardiovascular risk reduction and obstructive sleep apnea. Those indications are outside this market, which turns on coverage for obesity or chronic weight management.
Only a completed CMS action that provides the coverage counts, such as a final rule, a finalized model design, or guidance to Part D sponsors through the Health Plan Management System. Where the White House or HHS makes the determination, the CMS document adopting it resolves this market, on the date of that document.
The following do NOT resolve this market to YES:
A CMS communication that discusses, studies or reports on such coverage.
A proposed rule or a request for applications, which propose coverage rather than provide it.
An action that considers the change and declines to make it.
The Medicare GLP-1 Bridge, or extending or replacing it, because it sits outside the Part D benefit.
An announcement covering only the Medicaid portion of the BALANCE Model.
Coverage of a single drug, or of a subset of Part D enrollees, is sufficient. The announcement date governs, not the date coverage takes effect.
opens
Aug 24 · 2:00 PM UTC
closes
Jan 20, 2029 · 4:59 AM UTC · may close early
expires
Jan 27, 2029 · 3:00 PM UTC
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
Raw payload
Exactly what the API returned for this market.
Show JSON
market42
can_close_earlytrue
close_time2029-01-20T04:59:00Z
created_time2026-08-24T04:55:55.298474Z
custom_strike1
ask77280¢
ask23879¢
ask16678¢
ask20554¢
spread3¢mid 53¢
bid1151¢
bid550¢
bid38049¢
bid20045¢
Yes bid (no ask)SizeYes
2d ago
54¢
46¢
0.88
yes
7d ago
53¢
47¢
100
yes
19d ago
49¢
51¢
95
no
19d ago
50¢
50¢
5
no
21d ago
54¢
46¢
27
yes
22d ago
53¢
47¢
200
yes
22d ago
52¢
48¢
29
yes
22d ago
52¢
48¢
100
yes
22d ago
52¢
48¢
200
yes
24d ago
49¢
51¢
25
yes
24d ago
49¢
51¢
200
yes
24d ago
49¢
51¢
500
yes
24d ago
49¢
51¢
200
yes
24d ago
49¢
51¢
200
yes
24d ago
49¢
51¢
50
yes
24d ago
49¢
51¢
30
yes
24d ago
49¢
51¢
200
yes
24d ago
49¢
51¢
25
yes
24d ago
49¢
51¢
200
yes
25d ago
53¢
47¢
5
yes
25d ago
53¢
47¢
10
yes
25d ago
54¢
46¢
685
yes
25d ago
48¢
52¢
6.14
no
25d ago
49¢
51¢
10
no
25d ago
54¢
46¢
16
yes
Policy
29Jan20
early_close_conditionThis market will close and expire early if the event occurs.
event_tickerKXPARTDGLP1-26AUG
exchange_index0
expected_expiration_time2029-01-27T15:00:00Z
expiration_time2029-01-27T15:00:00Z
expiration_value
last_price_dollars0.5400
latest_expiration_time2029-01-27T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.4900
no_bid_dollars0.4600
no_sub_titleBefore Jan 20, 2029
notional_value_dollars1.0000
occurrence_datetime2029-01-20T04:59:00Z
open_interest_fp635.96
open_time2026-08-24T14:00:00Z
previous_price_dollars0.5400
previous_yes_ask_dollars0.5300
previous_yes_bid_dollars0.5000
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf CMS announces the addition of GLP-1 drugs for obesity to Part D before Jan 20, 2029, then the market resolves to Yes.
rules_secondaryGLP-1 drugs are already covered under Part D for type 2 diabetes, cardiovascular risk reduction and obstructive sleep apnea. Those indications are outside this market, which turns on coverage for obesity or chronic weight management.
Only a completed CMS action that provides the coverage counts, such as a final rule, a finalized model design, or guidance to Part D sponsors through the Health Plan Management System. Where the White House or HHS makes the determination, the CMS document adopting it resolves this market, on the date of that document.
The following do NOT resolve this market to YES:
A CMS communication that discusses, studies or reports on such coverage.
A proposed rule or a request for applications, which propose coverage rather than provide it.
An action that considers the change and declines to make it.
The Medicare GLP-1 Bridge, or extending or replacing it, because it sits outside the Part D benefit.
An announcement covering only the Medicaid portion of the BALANCE Model.
Coverage of a single drug, or of a subset of Part D enrollees, is sufficient. The announcement date governs, not the date coverage takes effect.
settlement_timer_seconds1800
statusactive
strike_typecustom
tickerKXPARTDGLP1-26AUG-29JAN20
titleWill CMS announce the addition of GLP-1 drugs for obesity to Part D before Jan 20, 2029?