Question

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

Answer 1

Answer:

A rising population, aging elders, illness frequency or incidence, medical-service consumption, and service pricing and intensity are all factors that increase healthcare costs, according to a JAMA research. Because providers—who oversee treatment decisions—have been driven to offer more care, particularly in a fee-for-service system, cost has risen as a result of greater intensity of care, lack of management, and medical technology.

Explanation:

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