Question

1. Looking at the history of healthcare financing (C&J) what do you think contributed to the rising cost of healthcare?

2. How do healthcare spending costs in America compare to those of other developed countries such as Switzerland, Germany, Canada, and France?

Answer 1

Nowdays there is a increase in the cost of healthcare due to

1. People become more conscious about their health and spending more money to achieve stable system of their lives and family

2. People's are redyr to spend more money towards policy to save from future cost of disease.

3. Nowdays if you observed more critical disease involved which required high amount of medicine cost to treat e.g. cancer, cancer required more cost because of surgery and medicine cost.

4. New techniques come to the market for the diagnosis and treatment of disease which required more money to use and maintained

5. Doctors fees also increases like for surgery because they are involving in very critical process to save the life of person

6. To maintained good health good food required which cost high to the customer.