Why is health care so expensive? List at least three factors that contribute to the cost of health care.

Answer:Hospitals, doctors, and nurses all charge more in the U.S. than in other countries, with hospital costs increasing much faster than professional salaries. In other countries, prices for drugs and healthcare are at least partially controlled by the government. In the U.S. prices depend on market forces.

Explanation:

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Larus Larus · Answer 2 · 2022-04-21T14:31:58+02:00

In the United States health care is becoming very expensive and many factors are contributing to it.

The health care in the United States:

In the United States, the greater cost of medical care is one of the greatest challenges faced by the people of the country. This is affecting everything from the individual behavior to the economy of the nation.

The three factors, which have been identified as the driving forces behind the elevation of health care costs in the United States are:

Administrative expenses
Corporate greed and price goughing
Higher use of costly medical technology

Thus, the health care is becoming expensive in the United States due to many factors.

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