US prescription drug spending will top $560 billion in 2026, according to current projections. This would represent an 8.2% increase from the previous year. Growing demand for obesity and diabetes treatments is partly driving this rise. These include a new generation of GLP-1 medicines. Projections show prescription medicines outpacing all other major categories of healthcare spending in the US. Their…
Tag: Medicaid
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Medicaid Coverage slashed by US Bill
Leading healthcare organisations have strongly condemned the passage of a major tax-cut and spending bill in the United States, due to proposed Medicaid cuts that directly impact Medicaid coverage. They warn that drastic changes to the nation’s healthcare safety net will cause widespread harm, leaving millions of Americans without medical coverage. Republicans passed a controversial bill late last week focused…
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Healthcare Fraud: 324 Charged in Major US Bust
The US Justice Department has announced that it has halted a massive series of healthcare fraud schemes. These schemes aimed at defrauding the federal government of an estimated $14.6 billion. This has resulted in charges against hundreds of individuals across the country. In what the department has called the largest healthcare fraud initiative in its history, the nationwide operation resulted…