The New Weight Loss Drugs May be the Pin that Bursts the American Healthcare Bubble
As of 2022, the direct medical cost of diabetes in the United States is $307 billion dollars. Patients with a diagnosis of diabetes have an average annual medical expense of $19,736. This is 2.6 times higher than the cost of healthcare for caring for people without diabetes.
Healthcare spending in the US is nearly 20% of gross domestic product. That mean…
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