- The total impact of obesity and its related complications on the United States’ economic output has been estimated at between 4 and 8 percent of gross domestic product.
- According to the American Diabetes Association, the annual cost of diabetes in 2017 was $327 billion, including $237 billion in direct medical expenditures and $90 billion in reduced worker productivity.
- The effects of poor diet and inadequate physical activity at any weight — contributed to declines in life expectancy in 2015 and 2016.
- The obesity epidemic is largely overlooked as the media continue to blame drug companies and PBM’s for high drug costs.
KEY TAKEAWAY: Nearly 40% of adults and 19% of youth are obese , the highest rate the country has ever seen in all adults, according to research released Friday by the National Center for Health Statistics. This, of course, means that the public is going to be more dependent on prescription drugs to maintain their health at the same time they complain about big pharma. Continue reading
KEY TAKEAWAY: Hospital spending – inpatient and outpatient – accounts for nearly half (45.3 percent) of projected insurance rate increases.“Preliminary data indicate that drugs are not likely to have a disproportionate impact on premiums in 2017,” Continue reading
KEY THOUGHT: While the AMA points the finger at pharma for DTC ads most doctors are failing patients by not warning them of the dangers of obesity and unhealthy lifestyles. Continue reading