Healthcare Costs In The US: The Reason Behind The High Price Tag

The System

1. The entire system of US healthcare is built on profitability. 2. Their focus is on earning revenue, instead of providing affordability for the population.

How does innovation impact the price increase?

1. The new technologies for the medical care, are often expensive 2. The care procedures and medications are costly at times.

The Role Of Administration

1. The Bureaucracy is responsible for complex billing and insurance systems. 2. Administrative costs play a huge role in the rise of healthcare costs in the US

Healthcare Costs in the US: how different it is from the other countries

1. US citizens pay more for healthcare services than the other developed countries 2. They require different approaches for better affordability.

Read More