Question

What are the 2 major reasons health care in the United States is so much more expensive than elsewhere?

a. Lack of medical advancements and low demand for healthcare services
b. High administrative costs and higher prices for medical services and prescription drugs
c. Government regulation and a lack of healthcare providers
d. Low quality of care and limited access to healthcare services

Answer 1

High administrative costs and higher prices for medical services and prescription drugs are the two major reasons why healthcare in the United States is more expensive than elsewhere.

Step-by-step explanation:

The two major reasons why healthcare in the United States is more expensive than elsewhere are high administrative costs and higher prices for medical services and prescription drugs. The United States has a complex healthcare system with a significant administrative burden, which contributes to higher costs. Additionally, medical services and prescription drugs tend to be more expensive in the United States compared to other countries.