Considering that we spend 1% of the fed budget on dialysis alone, glp-1 may have come just in time...
https://strivehealth.com/news/patients-vs-profits-who-wins-i...
>It’s no secret that dialysis is incredibly expensive. Each dialysis patient costs about $100,000 a year to treat, which means that Medicare spends over $30 billion a year treating ESRD patients.
>But have you ever really thought about what that means for individuals? The cost of dialysis is nearly 1% of the entire federal budget. Put into simpler terms, for every $100 Americans spend in taxes, approximately $1.00 goes toward paying for dialysis.
Might not be exactly 1% now, or it might be, since spending is now $6T per year. Regardless, healthcare due to being overweight/obese is a very large portion of government spend.
https://fiscaldata.treasury.gov/americas-finance-guide/feder...
Damn, that's such a shame. I wish that the US would reduce defense spending and spend more on dialysis.
Healthcare is 26%.
At a certain point, unquestionable military superiority provides more utility than keeping old people alive, and more like surviving instead of living from my grandparents’ experience with dialysis.
Not that current US military spend is ideal, but neither is current healthcare spend on the healthcare and population it is spent on.
And single-payer healthcare and an overhaul of the insurance prices would help that a hell of a lot.
I would think any sane country would want to spend less. First by reducing demand and second by negotiating costs with suppliers.
And if I were to cut any of the big line items, I would start with number two which is interest on debt
It might be a slight overestimate post-covid, but we spend 50 billion on it.