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Americans spend more on healthcare than any other country, largely because the U.S. pays far higher prices for the same surgeries, drugs and medical services. Increased use of costly hospital care and new weight-loss medications has driven spending even higher.
- U.S. families pay about $27,000 a year on average for health insurance.
- Identical procedures (hip replacements, MRIs) and even generic drugs cost far more in the U.S. than in other countries.
- Rising hospital utilization is pushing spending higher.
- New weight-loss drugs, costing thousands per month, are a significant driver of increased healthcare spending.