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US healthcare spending neared $5 trillion in 2023: Government report

Spending on retail prescription drugs had the biggest increase, rising 11.4% to $449.7 billion after a 7.8% rise in 2022, largely due to the use of weight-loss and diabetes drugs, a CMS official said during a press briefing.
Last Updated : 19 December 2024, 04:06 IST
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Published 19 December 2024, 04:06 IST

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