Question

Why does health care spending continue to grow in the U.S.? Think specifically about specific, demonstrable reasons (as opposed to vague concepts like “greed” etc.).

Answer 1

There are different reasons for increased level of health care spending. The first reason is the increase in the average age of the US population. The specific contribution is to be made by the baby-boomers who are approaching the advance stage of their age. It demands higher healthcare spending. The second reason is the consideration of development cost, R&D work and other expenses to be incorporated into the health care treatment. It increases the health care spending as people are forced to do it, as a part of their health care treatment. The third reason is the rising litigation cases and lawsuits in health care that is also included when health care services inclusive of health care insurance are availed. It increases the health care spending.
Above are some of the reasons that cause an increase in health care spending.