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Rising healthcare costs

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The portion of gross domestic product that is created by the health care industry is growing faster than any other sector. What are three reasons for the unique increase in health care costs? Why are these factors contributing to the rising cost of health care?

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Solution Summary

The solution explains reasons for increase in healthcare costs.

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Three reasons include increasing instances of diseases among individuals due to unhealthy lifestyle, increasing stress and poor eating ...

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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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