Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 22 - Health Care - Discussion Questions: 9

Answer

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Work Step by Step

There are many reasons that health care is demanded a lot in the United States. For starters, because the Baby Boomers are getting older, more and more people are in need of health care as more and more of the population is old. In addition, the unhealthy lifestyle in the United States is causing the desire for health care to increase. One problem with health care is that there is a difficulty for those in the medical industry to communicate with patients. In addition, health care is expensive due to (1) the prices of doctors, (2) the liabilities for doctors, and (3) the price of new treatments.
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