Question

1. Age based rationing s one strategy for reducing the rising cost of health care. But, there are other reasons for the rise in health care costs, including:

   1. there is a supply and demand issue for physicians, so they get to charge whatever they want

   2. new technologies

   3. fraud, waste and abuse

   4. both B & C

Answer 1

Answer is both B and C

In some places of America waste and abuse of medical care equipments are occur, this leads to decrased availability of the materials and leads to increased cost of healthcare. Not only waste but also abuse is also occurs and some fraud healthcare professionals paid higher cost for their services.

Introduction of new technologies are also a reason for increasing healthcare cost. This need buying new mechines and those mechines are costly than the previous one. So the hospital authorities paid those charges from patients. And also well knowledged healthcare professsionals are needed to operate or implementing those technologies and the authorities needs to may more for their working.