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Medicaid spending on GLP-1 receptor agonists has skyrocketed over the past five years. Just in the past 12 months, Medicaid spending on GLP-1s specifically for obesity has reached more than $3.5 billion, according to an analysis by Real Chemistry.

A combination of increased usage and expanded state coverage is driving Medicaid spending up exponentially, reaching more than $500 million per month as of October.

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