Increasing Costs
As medical science advances more treatments, many increasingly expensive, become available, which increases health costs both for public and private systems. Advances in medicine, amongst other factors, increase life expectancy, leading to population aging; the proportion of the population who are working and pay tax or compulsory insurance, rather than retired, decreases at the same time as healthcare per capita becomes more expensive to provide.
Read more about this topic: Publicly Funded Health Care
Famous quotes containing the words increasing and/or costs:
“I wonder whether mankind could not get along without all these names, which keep increasing every day, and hour, and moment; till at the last the very air will be full of them; and even in a great plain, men will be breathing each other’s breath, owing to the vast multitude of words they use, that consume all the air, just as lamp-burners do gas.”
—Herman Melville (1819–1891)
“It is commonly said by farmers, that a good pear or apple costs no more time or pains to rear, than a poor one; so I would have no work of art, no speech, or action, or thought, or friend, but the best.”
—Ralph Waldo Emerson (1803–1882)