I listened to a speech from the floor of the House of Representatives (David Schwekert R-AZ) that rather elaborately demonstrated that we cannot save Medicare by taxation. He said that 33% of medical spending is diabetes related and other obesity driven diseases take it to over 50%. Providing Ozempic/Wegovy etc. could make a huge difference.
I listened to a speech from the floor of the House of Representatives (David Schwekert R-AZ) that rather elaborately demonstrated that we cannot save Medicare by taxation. He said that 33% of medical spending is diabetes related and other obesity driven diseases take it to over 50%. Providing Ozempic/Wegovy etc. could make a huge difference.
My take away is that we either cut huge amounts of Medicare spending and/or we innovate like crazy. I think that we will be rationing health care big time within a few years.
I listened to a speech from the floor of the House of Representatives (David Schwekert R-AZ) that rather elaborately demonstrated that we cannot save Medicare by taxation. He said that 33% of medical spending is diabetes related and other obesity driven diseases take it to over 50%. Providing Ozempic/Wegovy etc. could make a huge difference.
https://youtu.be/X8_tiLstL-Y
My take away is that we either cut huge amounts of Medicare spending and/or we innovate like crazy. I think that we will be rationing health care big time within a few years.