opowell+FollowUS Healthcare Spending in 2025: Key Trends to Watch!š”š rising costs: - Health spending grew 7.5% (2022-2023) and is projected to rise 4.2% in 2025. - Hospital care (31% of total spending) increased 6.4% last year. - Prescription drugs: U.S. spends $1,635/person vs. $944 avg. in peer nations. š” market drivers: - GLP-1 weight-loss drugs ($1,000+/month) are widely used (12% of adults), prompting insurer cost controls. - Biologics & gene therapies: 16 new approvals in 2024, with biosimilars poised to lower prices. - Hospital consolidation and labor shortages push costs upward. āļø policy updates: - Price transparency: Federal efforts to standardize hospital/insurer pricing disclosures. - Drug pricing: Medicare negotiation for high-cost drugs under the Inflation Reduction Act. - State reforms: 23 states revising hospital expansion rules; 16 states regulating PBM pricing practices. - Licensing compacts: 6 states adopting cross-border provider licenses to ease workforce gaps. What solutions hold the most promise? Share your insights below. š #healthcaretrends #uspolicies #drugpricing #medicalcosts100Share
Joshua Blackburn+FollowHealth insurance I can't afford, now what?Anyone else unable to afford their employer's health insurance? Mine would take 22% of my paycheck! š± I make too much for Medicaid but too little to actually pay these premiums. Checking the ACA marketplace but feeling lost. Anyone found affordable alternatives that actually provide decent coverage? Healthy now but scared of emergencies! #HealthcareStruggle #ACAmarketplace #InsuranceHelp #MedicalCosts #Health #BodyHealth50Share
