134,438 views
3 votes
3 votes
How have healthcare expenditures changed over time? Explain and describe based on the history provided in the unit

and what you know of healthcare costs today. Identify and discuss what you think some of the major contributors might
be for the rising health science industry costs.

User Alan Spark
by
3.2k points

1 Answer

5 votes
5 votes

Answer:

healthcare expenditures depends on the economy of a country.

Step-by-step explanation:

As the economy of the country enhances, it has more resources and capital to invest on the healthcare of its citizen and as a result healthcare expenditures rises over time. The poor countries used little on their healthcare as compared to rich countries due to lack of resources and weak economic conditions. Healthcare costs increases due to expensive raw material that is used for the production of medicines. A growing population, aging seniors, disease prevalence or incidence, medical-service utilization, and service price and intensity are the factors that contributes to the rising of healthcare cost.

User AAber
by
2.6k points