Thursday, March 28, 2024
ISSN 2765-8767
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The economics of obesity

There’s an economic explanation for America’s obesity problem. High-calorie foods are cheaper than ever, and changes in the way we work have created a sedentary nation. Happily, the market is generating a solution: medical innovations that can reduce obesity. But insurers and the government are limiting coverage for these treatments because of shortsighted business calculations.

Obesity afflicts 42% of the U.S. population. Many attribute America’s weight problem to genetics, addiction or culture, but the analysis that began in 1999 demonstrates that the problem is an economic one driven by technological change. Agricultural innovations have increased output and cut the price of food dramatically. Historically, it wasn’t feasible to produce all the food necessary for an obese population this large, but today we can do it easily and cheaply.

Source: Wall Street Journal

Daily Remedy

Daily Remedy

Dr. Jay K Joshi serves as the editor-in-chief of Daily Remedy. He is a serial entrepreneur and sought after thought-leader for matters related to healthcare innovation and medical jurisprudence. He has published articles on a variety of healthcare topics in both peer-reviewed journals and trade publications. His legal writings include amicus curiae briefs prepared for prominent federal healthcare cases.

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