Whats Behind Rising Healthcare Costs?
The reasons behind rising healthcare expenditures are many, and many of them are beyond the average consumer’s control. They include factors like advanced medical technology – for example, the use of high-tech diagnostic imaging machines that cost each hospital or clinic a huge amount to purchase. That expenditure may find its way to the customer’s hospital bill in the form of higher prices for services. document.getElementById(‘adsense_placeholder_2’).innerHTML = document.getElementById(‘adsense_ad_2_hidden’).innerHTML; Other factors that contribute to healthcare costs include pharmaceutical companies’ spending on advertising their brand-name drugs, malpractice suits and legal issues, government mandates, fraud and waste, and the cost of caring for the uninsured. How to Lower Healthcare Expenditures The good news is that there are things each of us can do manage our own healthcare costs. With medical services, each consumer should behave just like he does when shopping at a grocery st
