Explore BrainMass
Share

Why are health-care costs rising so much? What have organiza

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Why are health-care costs rising so much? What have organizations done to reduce them?

© BrainMass Inc. brainmass.com October 16, 2018, 6:41 pm ad1c9bdddf
https://brainmass.com/business/business-management/why-are-health-care-costs-rising-so-much-what-have-organiza-450448

Solution Preview

Health care costs are rising for two main reasons. The first reason is because the economy became tighter, and when it did, the costs of many services went up, including health care. The costs of health care remained high, and never came back down. There is no talk of health care costs declining, so they will remain high. When people began to watch their spending, and companies began raising prices a few years ago to offset rising costs, the health care field was no exception. Health insurance premiums rise every year, on the average, for the same reason.
The health insurance companies are trying to offset future expected cost increases, and are still trying to make a profit.

The second reason that health care costs ...

Solution Summary

Why are health-care costs rising so much? What have organizations done to reduce them?

$2.19
Similar Posting

General healthcare ecomonics

Hello BrainMass OTAs,

I need your help on three attached essay questions on basic healthcare economics. Use only the attached material to answer the questions. At the end of each question there is a associated chapter.

View Full Posting Details